Coal India's Quest to Boost Domestic Production Amid Declining Output

Coal India Ltd (CIL) saw a 3.7% decline in coal production during April-November but plans to enhance output to meet targets and reduce import reliance. Despite setbacks, including missed targets in September and October, CIL aims to produce 875 million tonnes in 2025-26.

State-owned Coal India Ltd (CIL) experienced a 3.7% decline in coal production, totaling 453.5 million tonnes from April to November of the current financial year. This comes as the government strives to boost domestic output and curb import dependency.

Despite being responsible for over 80% of the country's coal output, the company managed to produce 471 million tonnes during the same period last fiscal year. However, November saw a slight improvement, with production increasing by 1.2% to 68 million tonnes over the previous year.

Looking ahead, CIL aims to meet ambitious production targets, setting its sights on 875 million tonnes for 2025-26, although recent months have shown difficulties with missing targets in September and October.

(With inputs from agencies.)