Coal India records 10% increase in FY24 production at 773.6 MTs

This is the first instance that CIL recorded double-digit growth in two successive years since its inception.

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26 Aug, 2025 12:21

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Coal India Limited (CIL) produced 773.6 million tonnes (MTs) of coal in FY 2024, registering a 10 percent growth over a high base of 703.2 MTs of FY 2023.

This is significant because India, for the first time, recorded 1 billion ton (1,039 MT) of coal and lignite production in FY24, of which CIL alone produced 773.6 MT (77 percent). "We have registered 70 percent growth in production over the last 10 years. As envisioned, we are moving forward to eliminate import of substitutable thermal coal by 2025-26. Together we stand committed towards building a sustainable mining sector and an Aatmanirbhar Bharat," Union Minister of Coal and Mines Pralhad Joshi said on April 1.

This is the first instance that CIL recorded double-digit growth in two successive years since its inception. In terms of volume, the output expanded by 70.4 MTs.

ALSO READ: Coal India achieves 610.8 MT supply to power sector, tops annual target

In the previous two financial years, CIL increased its production by 151 MTs. This was higher by 22.6 MTs than the combined increase of 128.4 MTs achieved in six years from FY 2016 till FY 2022. Coal production of 88.6 MTs in March 2024 was the highest ever for any month till date, showed data shared by the company.

"While all the coal producing arms of CIL have recorded positive growth, five of them Bharat Coking Coal Limited (BCCL), Central Coalfields Ltd (CCL), Northern Coalfields Ltd (NCL), Western Coalfields Ltd (WCL) and Mahanadi Coalfields Ltd (MCL) have stepped over their respective annual targets for the second consecutive year," CIL said in a statement.

MCL, the Odisha-based subsidiary of CIL, has emerged as the country’s first coal producing company to have breached 200 MT with production at 206.1 MTs.

Total coal supplies hit 753.5 MTs during FY 2024, logging 8.5 percent growth. The 58.8 MT volume increase came over 694.7 MTs of FY 2023, the company said.

Supplies to power sector reached 618.5 MTs in FY24, which is 31.9 MTs more compared to 586.6 MTs of FY 2023 with a growth of 5.4 percent. CIL supplied 8.5 MTs more coal to power plants than its assigned commitment of the year, that is, 610 MTs. Concurrently, supplies to non-power sector (NPS) have risen to 135 MTs with a year-on-year jump of 26.9 MTs registering around 25 percent growth. CIL supplied 108.1 MTs to NPS in FY 2023," CIL said in a statement.

On the back of better quality coal supplies, grade conformity improved to 76 percent during FY 2024 from 70 percent over preceding year. CIL ended FY 2024 with a coal inventory of around 90 MTs which is 20.7 MTs more than the same period last financial year – a near 30 percent increase. Stock at CIL’s pitheads was 69.3 MTs corresponding period last fiscal.

On an average, CIL loaded 292.2 rakes per day during FY 2024 against 273.6 rakes/day of FY 2023 registering a growth of 6.8 percent. One rake load of coal is approximately 4000 tons.

CIL’s production and off-take are pegged at 838 MTs for FY 2025.