CIL’s coal production grows 8% to 189.3 MT in Q1 FY25

Coal India Limited (CIL) Records 8% Growth in Coal Production in Q1 FY2024-25

New Delhi: State-run coal miner Coal India Limited (CIL) has recorded an 8 percent growth in coal production in Q1 of FY2024-25, according to a statement released by the PSU on Monday. "Surpassing the progressive target, Coal India Limited (CIL) increased its coal production to 189.3 million tonnes (MT) in the first quarter ending June FY2025. This marks a volume increase of 13.8 MT compared to the corresponding quarter of FY2024, reflecting an 8 percent growth. Production during the same period last fiscal was 175.5 MT," stated Coal India.

Five Coal India Subsidiaries Exceed Production Targets for Q1 FY25

Coal India was given a target of 189.2 MT by the government for Q1 of the current fiscal. "Exceeding the target of 189.2 MT, CIL achieved 100 percent satisfaction in Q1 of the current fiscal year," the statement added. While all seven of CIL's producing subsidiaries achieved positive growth, five surpassed their respective targets.

CIL’s output for June rose to 63 MT, growing by approximately 9 percent over June 2024 when it produced 58 MT. The month's output increase in volume terms was a significant 5 MT.

CIL’s Total Supplies Rise 6% in Q1 FY25

Driven by strong production growth and increased coal loading, CIL's total supplies increased to 198.4 MT during April-June 2024, representing a 6 percent year-on-year growth. The increase of 11.4 MT in absolute terms came over a high base of 187 MT.

Amid rising power demand in the country, CIL's supplies to coal-fired plants grew by 4 percent to 160 MT during Q1 FY2024-25, with a year-on-year increase of 6 MT. CIL’s off-take to thermal power plants was 154 MT during the same period in FY2024.

CIL’s Supplies to Non-Power Sector Grow 16% in Q1 FY25

CIL's supplies to the non-power sector reached 38.4 MT, logging a 16 percent growth during the referred period, setting an all-time high for Q1 of any year to date. This sector was supplied with 33 MT in April-June 2023. The growth for June alone was 23 percent at 13.4 MT.

On average, CIL loaded 325.7 rakes per day to the power sector during the first three months of the current financial year. This was 19 rakes more per day compared to 306.7 rakes in the first quarter of FY2024, marking a 6 percent growth. This includes loading from CIL's own sidings, private washeries, and goods sheds. One rake corresponds to approximately 4,000 tonnes of coal.

Coal India Ends Q1 with 40% More Coal Stock Year-on-Year

The total average coal loading registered a healthy double-digit growth of 10.3 percent year-on-year at 367.2 rakes/day. For the comparative period last year, it was 333 rakes/day. Coal inventory at CIL’s pitheads stood at 81.5 MT at the end of Q1 FY25, 40 percent higher than 58 MT for the comparative period last year, providing a sufficient buffer to meet any sudden surge in demand.