Coal India Ltd (CIL) has crossed the annual coal production target of 700 million tonne (MT) in 2022-23. As of Thursday, March 30, the company produced 700.4 MT of coal, up 13 per cent over 619.8 MT on the same date a year ago, the miner said in a statement.
CIL has breached its challenging production target of 700 MT one day ahead of FY23 closure. CIL is likely to end FY23 with 703.6 MT output going by the current rate of production. It produced 622.6 MTs in the previous fiscal year,” it added.
Coal India subsidiary Mahanadi Coalfields Limited (MCL) production rose by 25 MT year-ion-year to 192.8 MT in FY23. It accounted for 27.5 per cent of CIL’s total production. South Eastern Coalfields Ltd’s production increased by 24.3 MT to 166 MT as of March 30 from 142.5 MT last year.
