Coal India reports 9.2% rise in September production

Coal India reported a 9.2% year-on-year increase in production in September, with output reaching 53.5 million tonnes. The state-owned mining company also said supplies rose 12.5% to 61.2 million tonnes during the month. Supplies to the power sector, its largest consumer, increased 10.6% to 48.9 million tonnes.

Deliveries to the non-regulated sector grew 19.4%, according to figures published by The Hindu. The report did not give the corresponding volume for that sector. Coal India said the latest performance reflected sustained operational momentum.

The company said this had strengthened its confidence that it could meet its targets for the financial year ending in 2027. Its targets are production of 815 million tonnes and supplies of 850 million tonnes. The company did not provide a cumulative production or supply figure for the financial year in the supplied material.

Coal India also said production and supplies were expected to increase after the monsoon season. No further explanation was provided about the operational factors behind the forecast. The figures cover both coal output and deliveries, which are separate measures: production refers to coal mined, while supplies refer to coal delivered to customers.

The source material did not provide information on prices, revenue, profits, inventories or the company’s share of India’s coal market. It also did not include comments from power producers or other consumers about the increase in supplies. The report focused on the September operational figures and the company’s assessment that it remained on course to meet its stated financial-year targets.