New Delhi: Coal Sector has achieved 10.9% growth in December, 2023. Data released by the Coal Ministry revealed this. As per data, the the coal production touched 92.87 million tonnes production mark in the last month. It was at 83.86 million tonnes in the corresponding month of the previous year.
The production of Coal India Limited (CIL) has risen to 71.86 MT in the month of December 2023 as compared to 66.37 MT in December 2022 with the growth of 8.27%.Up to December 2023, the Cumulative Coal Production has seen growth of o 684.31MT in FY24 as compared to 608.34 MT during the same period in FY23, registering a growth of 12.47%.
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In terms of coal dispatch, it reached 86.23 MT for the month of December 2023, reporting a progress compared to 79.58 MT recorded in the same period last year, with a growth rate of 8.36%. CIL dispatch stood at 66.10 MT in December 2023, compared to 62.66 MT in December 2022, representing a growth of 5.49%.
The Cumulative Coal Dispatch, up to December 2023, has seen a significant jump to 709.80 MT in FY’ 23-24 as compared to 637.40 MT during the corresponding period in FY’ 22-23, with a growth of 11.36%.
As per the recent data released by the Ministry of Commerce & Industry, the combined Index of Eight Core Industries (ICI) increased by 7.8% in November 2023 as compared to the index of November last year. Out of these 8 sectors, Coal production increased by 10.9% in November, and its cumulative index increased by 12.8% during April to November, 2023-24 over the corresponding period of the previous year.
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