Kolkata: In a clear signal to a possible revival of demand, Maharatna coal behemoth Coal India (CIL) has witnessed a 25% surge in coal offtake in October this year compared to the same period last fiscal. The coal off-take was 50.5 million tonne (MT) in October this year. This represents a volume increase of 10.1 MT compared to 40.4 MT that the company supplied in the year-ago month. All the subsidiary companies of CIL recorded growth in Supplies.
Sustaining the growth momentum, CIL produced 46.8 MT of coal in October, a 18.7% jump compared to 39.5 MT produced in the same period last year. The increase in absolute terms was 7.4 MT. With its production impeded by the Covid-induced slowdown during the first four months of the present fiscal, CIL started logging positive growth from August on a monthly basis.
Kolkata: In a clear signal to a possible revival of demand, Maharatna coal behemoth Coal India (CIL) has witnessed a 25% surge in coal offtake in October this year compared to the same period last fiscal. The coal off-take was 50.5 million tonne (MT) in October this year. This represents a volume increase of 10.1 MT compared to 40.4 MT that the company supplied in the year-ago month. All the subsidiary companies of CIL recorded growth in Supplies.
Sustaining the growth momentum, CIL produced 46.8 MT of coal in October, a 18.7% jump compared to 39.5 MT produced in the same period last year. The increase in absolute terms was 7.4 MT. With its production impeded by the Covid-induced slowdown during the first four months of the present fiscal, CIL started logging positive growth from August on a monthly basis.
