May 2024 Sees Double-Digit Growth in India's Coal Sector Compared to Previous Year
Coal Production Grows by 10.15%, Coal Dispatch by 10.35% in May, 2024 Compared to Corresponding Period of Last Year
03-06-2024In May 2024, India's coal production reached 83.91 million tonnes (MT) (Provisional), exhibiting a growth rate of 10.15% compared to the corresponding period of the previous year, which stood at 76.18 MT.
During this period, Coal India Limited (CIL) achieved a coal production of 64.40 MT (Provisional), marking a growth of 7.46% compared to the same period last year, when it was 59.93 MT.
Additionally, coal production by Captive and other entities in May 2024 stood at 13.78 MT (Provisional), reflecting a growth of 32.76% from the previous year, which was 10.38 MT.
Similarly, India's overall coal dispatches for May 2024 reached 90.84 MT (Provisional), up by 10.35% compared to the same period last year when it was recorded at 82.32 MT.
During May 2024, CIL dispatched 69.08 MT (Provisional) of coal, with a growth of 8.50% compared to the corresponding period of the previous year when it was 63.67 MT. Additionally, coal dispatch by Captive and other entities in May was recorded at 16 MT (Provisional), reflecting a growth of 29.33% from the previous year, which was 12.37 MT.
Total coal stock with coal companies stands at 96.48 MT. The coal stock lying with CIL is 83.01 MT, while Captive and other companies hold 8.28 MT.
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