Coal India Sees Mixed Production Results Amid Subsidiary Declines

State-owned Coal India Ltd (CIL) reports a decline in coal production at subsidiaries Bharat Coking Coal Ltd (BCCL) and South Eastern Coalfields Ltd (SECL) during the April-December period, while other subsidiaries showed growth. Overall production increased but fell short of the fiscal target.

State-owned Coal India Limited (CIL) has disclosed a mixed outcome in its coal production performance for the April-December period of the current fiscal year. Notably, two of its subsidiaries, Bharat Coking Coal Ltd (BCCL) and South Eastern Coalfields Ltd (SECL), experienced declines in output.

The Bharat Coking Coal Ltd witnessed a reduction in coal production by 2.6 per cent, whereas South Eastern Coalfields Ltd reported a 9.4 per cent decrease. However, other CIL subsidiaries, including Northern Coalfields Ltd, Eastern Coalfields Ltd (ECL), Central Coalfields Ltd (CCL), and Western Coalfields Ltd, demonstrated growth in their coal production during the same timeframe.

Collectively, Coal India's production reached 543.4 million tonnes during the April-December period, a slight increase from 531.9 million tonnes in the corresponding period of the previous year. The company, pivotal to fulfilling over 80 per cent of domestic coal demand, still aims to meet its 2024-25 target of producing 838 million tonnes, despite only achieving 773.6 million tonnes in 2023-24, slightly under its target of 780 million tonnes.

(With inputs from agencies.)