CIL's coking coal output up over 17%
Financial Express Mumbai|April 14, 2023
COAL INDIA ON Thursday reported a 17.2% rise in production of coking coal, helping cut on imports of the fuel that is an essential input for production of iron and steel.CIL said the output has risen to 54.6 million tonne in 2022-23, compared to 46.6 MT in FY22.
CIL's coking coal output up over 17%

"The quantum leap in the year was a whopping 8 MT," it said, adding the output was 107.3% of the target.

This assumes significance as the coal ministry has asked CIL to raise the output of coking coal to 105 MTby 2030 in a bid to cut its imports and forex outgo. CIL arms BCCL and CCL are the major producers of coking coal and together accounted for almost the entire output of 54.3 MT in 2022-23.

This story is from the April 14, 2023 edition of Financial Express Mumbai.

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This story is from the April 14, 2023 edition of Financial Express Mumbai.

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