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Coal India produced 3.5% less coal this year
Coal India Ltd (CIL)—the backbone of India's coal supply—produced 3.5% less coal from April to August 2024 compared to last year.
The company witnessed a decline in production even as the government pushes for more local production and fewer imports.
A good August
Several CIL subsidiaries saw their numbers drop over these five months.
But August 2024 flipped the script: coal production shot up by 9.4% from last August, hitting 50.4 million tons.
CIL's ambitious production target for 2025-26
CIL missed its full-year target in 2024-25—producing about 781 million tons instead of the planned 838 million.
Now, they're aiming higher for 2025-26: the new goal is to hit 875 million tons in production and deliver even more to keep up with India's growing energy needs.