Coal India Reports 1.2% Growth This Year Despite Lockdown

Coal India produced more coal this year compared to the previous year despite the lockdown owing to COVID-19. According to the provisional production performance report released by the company, the total production of the company this year increased to 334.5 million tonnes compared to 330.4 million tonnes in the last financial year till November. The company reported a 1.2 percent growth. However, only Northern Coalfields Limited (NCL) and Mahanadi Coalfields Limited (MCL) are the only two companies whose production has increased.

NCL, produced 73.7 million tonnes this year, while it produced 69.9 million tonnes till last November. MCL produced 87.7 million tonnes of coal this year which was 74.9 million tonnes last year. During the same period, other companies have lagged and their growth has also been negative.

If we take a look at only November data, there has been a slight improvement in the companies compared to the previous year. Central Coalfields Limited (CCL) produced 6.4 million tonnes of coal compared to 5.8 million tonnes in November 2019, NCL produced 10 million tonnes against 9.6, South Eastern Coalfields Limited produced 12.6 million tonnes against 11.6 million tonnes. ECL and BCCL equaled the production level with 4.3 million and 2.5 million tonnes respectively. However, Western Coalfields Limited is lagging behind with only 3.2 million tonnes of production compared to 5.4 million tonnes last November.

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