Financial Daily from THE HINDU group of publications
Tuesday, Oct 21, 2003
Financial Daily from THE HINDU group of publications Tuesday, Oct 21, 2003 |
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Corporate
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Performance Industry & Economy - Coal Coal India H1 production up 3.7 pc Our Bureau
Kolkata , Oct. 20 COAL India Ltd (CIL) has registered all-round growth in production, off-take and dispatch to the power sector during the first of half of the current fiscal. Its production touched 134 million tonnes (m.t.) compared to about 129 m.t. during the same period last year, recording an improvement of about five m.t. and registering 3.7 per cent growth. According to CIL sources, despatches to consumers showed an upward trend with total dispatch crossing 141 mts against a target of about 137 m.t. During the same period last year, total dispatch was about 136 m.t. Coal supply to the power sector, CIL's major consuming group, was about 109 m.t. against last year's figure of about 105 m.t. During April-September 2003 wagon loading, measured in four-wheeled wagons, was 19,038 wagons per day (wpd). The performance not only surpassed the target of 18,727 wpd but was more than last year's performance by 587 wpd, registering a growth of 3.18 per cent.
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