India's coal output rises nearly 11% in December to 92.87 million tonne
"The coal sector has witnessed an unprecedented upswing, with production, dispatch and stock levels soaring to remarkable heights," the statement from the coal ministry said.
India's coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official statement said on Tuesday. The country's coal output was 83.86 MT in December 2022.
"The coal sector has witnessed an unprecedented upswing, with production, dispatch and stock levels soaring to remarkable heights," the statement from the coal ministry said.
The production of state-owned Coal India Ltd (CIL) rose 8.27 per cent to 71.86 MT last month as compared to 66.37 MT in December 2022.
According to the statement, the cumulative coal production of India during April-December 2023 increased to 684.31 MT from 608.34 MT in the year-ago period. Coal dispatch in December increased by 8.36 per cent to 86.23 MT from 79.58 MT in December 2022.
The coal ministry further said it reaffirms its commitment to maintain consistent coal production and dispatch, ensuring an uninterrupted supply for a reliable and resilient energy sector.
Catch the latest stock market updates here. For all other news related to business, politics, tech, sports, and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
GAIL share price target: Should you buy, sell or hold GAIL shares? Here's what brokerages make of PSU's Q4 results
Top 7 SIP Mutual Funds in 1 Year: What Rs 10,000, Rs 15,000, and Rs 20,000 SIPs have given in each fund
Special Live Trading Session on Saturday: Know why BSE, NSE will remain open on May 18; check timings
If you make RDs of Rs 5,000, Rs 10,000, Rs 15,000, and Rs 20,000 in post office, what will be your maturity amount?
Atal Pension Yojana EPFO National Pension System SWP Retirement Planning schemes provide pension every month
Gold and Silver rate today (May 16, 2024): Yellow metal futures subdued; white metal hits record high breaches Rs 87,000 mark
05:52 PM IST