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Coal
Business Update1 Jul 2024, 07:59 pm

Coal India Ltd. Achieves 8% Production Growth in Q1 FY 2025, Exceeding Target

AI Summary

Coal India Limited (CIL) has reported an 8% growth in coal production for the first quarter ending June FY 2025. The company produced 189.3 million tonnes (MTs), which is 13.8 MTs more than the same period last fiscal year. All seven producing arms of CIL achieved positive growth, with five of them surpassing their respective targets. CIL's supplies to coal-fired plants grew by 4% to 160 MTs, and supplies to the non-power sector reached an all-time high of 38.4 MTs, a 16% growth. The company loaded an average of 325.7 rakes per day to the power sector, a 6% growth, and a total of 367.2 rakes/day, a 10.3% growth y-o-y. Coal inventory at CIL's pitheads stands at 81.5 MTs, 40% higher than the same period last year.

Key Highlights

  • CIL reports 8% growth in coal production for Q1 FY 2025
  • All seven producing arms of CIL achieved positive growth
  • Supplies to coal-fired plants grew by 4% to 160 MTs
  • Supplies to non-power sector reached an all-time high of 38.4 MTs
  • CIL loaded an average of 325.7 rakes per day to the power sector, a 6% growth
COALINDIA
Coal
COAL INDIA LTD.

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