The state-owned coal miner Coal India released the Provisional Production and Off-take Performance of the company, along with its subsidiary companies for the month of November 2023 through an exchange filing.
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Production performance
Coal India Limited’s production in November 2023 saw a jump of 8.8 per cent at 66 Million tonnes over last year’s 60.7 MT, the company announced on Friday.
Coal India’s subsidiary company Eastern Coalfields Limited (ECL) posted a 48.6 per cent growth in the production of coal in November 2023 with the production at 4.1 MT against 2.7 MT in the same month last year.
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Another subsidiary company Bharat Coking Coal Limited (BCCL) produced 13.9 per cent more with the production at 3.7 MT against 3.3 MT. While CCL reported a jump in production of 10.6 per cent along with NCL and WCL reporting a rise in production of 7.9 per cent and 4 per cent. Even SECL and MCL saw a rise in production. However, NEC saw a rise in production of 50.1 per cent with 0.02 MT coal produced.
Offtake performance
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Further, Coal India’s offtake increased by 6.2 per cent to 63.1 in comparison to 59.4 in November 2022. All of the subsidiaries including NEC, MCL, SECL and WCL reported a jump of 67.8 per cent, 0.1 per cent, 8.2 per cent and 14.6 per cent respectively. ECL saw a rise of 35.4 per cent, BCCL saw a jump of 11.4 per cent, CCL rose 1 per cent while, NCL offtake hiked 3 per cent.
