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HomeNewsBusinessCoal India arm BCCL's output up by record 61% in February to 3.24 MT

Coal India arm BCCL's output up by record 61% in February to 3.24 MT

Bharat Coking Coal also claimed that it registered the highest off-take growth of around 66 percent to 2.93 MT during the last month

March 06, 2022 / 10:27 IST
Representative image (Source: Reuters)

Coal India's subsidiary BCCL has posted a record 61 percent growth in its production to 3.24 million tonne (MT) in February this year over the corresponding month last fiscal, a company statement said.

Bharat Coking Coal (BCCL), a Dhanbad-based subsidiary of the Maharatna public sector undertaking, also claimed that it registered the highest off-take growth of around 66 percent to 2.93 MT during the last month.

"BCCL has achieved a record growth in coal production and dispatch in February 2022 as compared to the same month last fiscal," the miner said in the statement on March 5.

The output increased by 61 percent in the last month to 3.24 MT as compared to 2.01 MT in February 2021. The coal off-take was at 2.93 MT last month, up by 66 percent from 1.76 MT in the year-ago month, BCCL said.

After the 2018-19 performance, the Coal India subsidiary is going to produce and dispatch over 30 MT of the dry fuel for the first time, overcoming all challenges such as market slowdown due to the COVID-19 pandemic and prolonged monsoon season, it said.

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The miner said it achieved a 65 percent growth in rake loading from an average of 12.6 rakes per day in 2020-21 to 20.9 at present. The company also claimed that it supplied 59 percent more coal to power sector consumers during the current financial year.

PTI
first published: Mar 6, 2022 10:27 am

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