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| Photo Credit: G.N. Rao
India’s coal production grew at a 16-month excessive tempo of 18.6% in October to 78.65 million tonnes (MT), with despatches to end-users like the ability sector rising 18.1% to a fair increased determine of 79.3 MT.
October’s coal production numbers launched by the Coal Ministry on November 3 mark the fourth successive month of double-digit growth and the robust offtake from pitheads to end-use industries signifies electrical energy era growth additionally remained sturdy in final month.
Coal output had risen 16.1% in September whereas electrical energy era rose 9.3%. The two infrastructure sectors have a mixed weightage of 30.2% within the Index of Core Industries or ICI, which had grown at a four-month low tempo of 8.1% in September.
The cumulative coal production between and April and October 2023 has elevated 13.05% to succeed in 507.02 MT, in comparison with 448.49 MT over the identical interval final yr, the ministry stated.
