Coal India clocks 27% MoM growth in November

KOLKATA: Coal India managed to increase coal production 27% month-on-month in November at 50 million tonnes.

“The company managed to produce nearly 11 million tonnes more coal than in October. Coal off-take for November 2019 grew by almost 17% on a month-on-month comparison. CIL supplied 47.37 million tonnes of coal during the month under review compared to 40.5 million tonnes in October 2019 – the increase in absolute terms is 6.87 million tonnes,” a senior Coal India executive said.

“Coal India generally compensates for the production drop of the first half of the fiscal, during the second half and accordingly our production has begun to look up from the month of October 2019 when CIL registered a month-on-month growth of around 28%” the executive said adding “admittedly, it is a challenging task given the way our production was crippled due to the severity of the monsoon across our mining areas but with the worst behind us we are increasing our production to higher levels”.

Dipka, one of the largest opencast mines of South Eastern Coalfields Limited, whose lower benches were flooded during last week of September 2019 is now back on track producing around 71,000 tonnes of coal per day and the company expects very soon it will touch 1 Lakhs tonnes per day mark.

“These are positives for us and we plan to improve on it and keep up the production tempo,” he said.