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State-owned CIL on Tuesday said coal production dropped by 8.5 per cent to 57.8 million tonnes (MT) in June even as the government aims to increase the output to reduce the dependency on imports. The coal production by the PSU was 63.1 MT in the corresponding month of the previous fiscal, Coal India Ltd (CIL) said in a regulatory filing. The coal output by the PSU in the first three months of the current fiscal also dropped to 183.3 MT, over 189.3 MT produced in the April-June period of the previous financial year. The company, however, did not give a reason for the decline in coal production. According to industry analysts, coal production usually faces hindrances during the monsoon season. As a result the output from mines is lower, which consequently affects the dispatch to power plants. Coal offtake by the PSU also dropped by 7.4 per cent to 60.4 MT in the month of June, over 65.2 MT in the corresponding month of the previous fiscal. Coal offtake refers to the amount of coal
State-owned Coal India Ltd (CIL) on Friday said its coal offtake dropped by 1.2 per cent to 63.4 million tonnes (MT) in April over the corresponding month of the previous fiscal. The offtake of the dry fuel by Coal India was at 64.2 MT in the year-ago period, the public sector undertaking said in a regulatory filing. Coal offtake refers to the volume of coal supplied from a coal pithead. It's different from coal production as it can include previously stored coal. Meanwhile, coal production by Coal India was almost flat at 62.1 million tonnes in April. It had produced 61.8 MT of coal in the year-ago period, the filing added. Coal India accounts for over 80 per cent of domestic coal output. In the financial year 2024-25, CIL produced 781.1 MT of coal, nearly 7 per cent less than the company's target for the financial year. CIL's coal production target for 2024-25 was at 838 million tonnes (MT). Coal India Ltd is targetting a production of 875 million tonnes and offtake of 900 MT
State-owned CIL is looking at lithium blocks in Australia and Argentina, company's Chairman P M Prasad said on Wednesday. Speaking on the sidelines of the 11th Asian Mining Congress and the 11th International Mining Exhibition, Prasad said Coal India Ltd (CIL) is targetting a production of 875 million tonnes (MT) and offtake of 900 MT in the 2025-26 fiscal year. The company accounts for over 80 per cent of domestic coal production. Prasad further said the Rs 10 per tonne price hike for both coking and non-coking coal with effect from April 16 will have minor impact on the company's revenue. CIL's pithead stock as on March 31, 2025 was 106 million tonnes, the highest so far. CIL's foray into critical minerals is driven by the need to reduce its reliance on coal and align with global trends prioritising these minerals for clean energy technologies.
State-owned Coal India Ltd on Tuesday said its board has approved a Rs 10 per tonne increase in the prices of both coking and non-coking coal with effect from April 16. "CIL board at its meeting held on date, inter alia approved enhancement of notified price of coal by Rs 10 per ton i.e from existing Rs 10 per ton to Rs 20 per ton for non-coking and Rs 10 per ton for coking coal for regulated and non-regulated sectors across CIL towards contribution to the corpus of CMPS-1998," it said. This price adjustment is aimed at contributing to the corpus of Coal Mines Pension Scheme (CMPS)-1998 and is likely to impact both regulated and non-regulated sectors, potentially affecting the company's revenue and market positioning, according to a company official. Coal India Ltd (CIL) accounts for over 80 per cent of domestic coal output. Eastern Coalfields Ltd (ECL), a subsidiary of Coal India, had in November last year announced increase in add-on price of coal in Rajmahal area of Jharkhand to
State-owned CIL produced 781.1 MT of coal in 2024-25, nearly 7 per cent less than the company's target for the financial year. CIL's coal production target for 2024-25 was 838 million tonnes (MT). However, coal production by Coal India Ltd (CIL) grew marginally by one per cent in FY25, over the year-ago period, the public sector enterprise said in a regulatory filing. CIL's coal production in March dropped by 3.1 per cent to 85.8 million tonnes over the year-ago period. The output was 88.6 MT in the same month of FY24. The subsidiaries of the coal behemoth, which registered a decline in production are Central Coalfields Ltd (CCL), Western Coalfields Ltd (WCL) and South Eastern Coalfields Ltd (SECL). Coal India accounts for over 80 per cent of domestic production. In FY24, CIL produced 773.65 million tonnes, marking an 11 per cent growth over FY23. Coal India Ltd had earlier said that the realistic production target for 2024-25 fiscal will be 806-810 million tonnes, down from 83
The country's coal import rose marginally by 1.23 per cent to 21.37 million tonne (MT) in January. The coal import was 21.11 MT in the corresponding month of the previous fiscal. The shipments were flat at 222.67 million tonne in April-January FY25, according to data compiled by mjunction services ltd, a B2B e-commerce platform. During April-January 2024-25, non-coking coal import was at 141.18 MT, lower than 146.86 MT imported during the same period last financial year. Coking coal import was at 45.88 MT during the 10-month period, down from 47.32 MT recorded for the same period last fiscal. Of the total imports in January 2025, non-coking coal imports stood at 12.33 MT, lower than 13.40 MT imported a year ago. Coking coal import volume was 5.23 MT, against 4.50 MT imported in January 2024. "There is a subdued demand for imported material despite softness in seaborne prices, primarily due to ample stock available in the domestic market. We expect the weak trend to continue till
India crossed a record milestone of 1 billion tonnes of coal production in the current fiscal, a landmark, which Prime Minister Narendra Modi described as a proud moment for the country, showing its commitment to energy security and self-reliance. Coal, which is predominately used to produce electricity as well as fuel in several industries, is the mainstay energy source for the world's fifth largest economy. India produced 997.83 million tonnes of coal in 2023-24 (April 2023 to March 2024). In a social media post on X, Modi described the 1 billion tonnes of coal production in the current fiscal as "A Proud Moment for India!" He said, "Crossing the monumental milestone of 1 Billion tonnes of coal production is a remarkable achievement, highlighting our commitment to energy security, economic growth and self-reliance." Modi said the feat also reflects the dedication and hardwork of all those associated with the sector. The Prime Minister was commenting on Union Minister of Coal an