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✦Reported by Business Line

Coal India's supply to power sector in October records all-time high, grows 19%

Coal India's supply to power sector in October records all-time high, grows 19%
Source: Business Line

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓Coal India supplied 57.1 million tonnes of coal to the power sector in October, marking a record 19 per cent growth.
  • ✓The company said this achievement is significant as it helps "augment coal stocks at thermal power plants amid rising power demand." Mining activity also hit new highs this month.

Story at a Glance

Category
MARKET
Reported By
Business Line
Reading Speed
4 Minute(s)
Market Focus
India Economy

The country's largest coal producer's supplies to the sector crossed the 57 MT mark for the first time in the company's history

State-run coal behemoth Coal India on Sunday said its supply to the power sector in October grew around 19 per cent year-on-year to 57.1 million tonnes (MT), recording its highest-ever monthly coal supplies to the sector.

The company, the single largest coal producer in the world, had supplied 48 MT of coal to the power sector in October last year. Its supplies to the sector crossed the 57 MT mark for the first time in the company's history, demonstrating CIL's enhanced capacity to respond to the requirements of thermal power plants, the company said in a statement. Earlier, the monthly high of 56.5 MT was recorded in May 2024.

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Coal India's supply to power sector in October records all-time high, grows 19% | ArthNow