India’s coal production in October 2022 stood at 66.11 million tonnes (mnt), a marginal increase of 3.42% y-o-y. This came against the target of 75 mnt set for the month, to meet the country’s growing power demand and to increase coal allocations to the non-power sector.
Coal production expanded by 14% m-o-m in October 2022 as the monsoon season was over.
The biggest coal producer in the country, Coal India’s production stood at 52.9 mnt in October 2022, which was a 6 % y-o-y increase.
However, production from Singareni Collieries Company Limited (SCCL) was at 5.22 mnt in October 2022, a fall of 2% y-o-y, affected by rains in the early part of the month.
Coal production from captive miners stood at 7.95 mnt in October, a fall of 10% y-o-y. This is the first time that coal production by captive miners has fallen y-o-y in CY22.
CIL subsidiaries’ performance
CIL’s target for October was 58.44 mnt. To meet this goal, the PSU needed to expand by 17% from the previous year. But the performances of a few subsidiaries were not up to the mark.
- Production at Mahanadi Coalfields Limited (MCL), CIL’s largest subsidiary, grew just by 3.7%.
- CCL’s and MCL’s coal production were marginally up by 3% and 1% while Northern Coalfields Limited’s (NCL) saw a marginal fall of 1% y-o-y.
However, Eastern Coalfields Limited (ECL) and BCCL showed impressive growth of 28% and 25% y-o-y but their share in total coal production was on the lower side.
Meanwhile, on the positive side, South Eastern Coalfields Limited’s (SECL’s) production has grown by 14% y-o-y making it the second-largest coal-producing subsidiary of CIL.
Coking coal production surges
India’s coking coal production in October rose 27.7% y-o-y to 4.7 mnt. This growth was achieved because major coking coal producer Bharat Coking Coal Limited (BCCL) and Central Coalfields Ltd (CCL) grew 24% and 36% y-o-y respectively.
Notably, BCCL’s and CCL’s coking coal production stood at 2.72 mnt and 1.42 mnt respectively in the said period.
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