Singareni Collieries Company Ltd(SCCL) have recorded a growth in their monthly coal production. The company has produced 5.05 MnT coal during May’17 against 4.49MnT coal produced in Apr’17.
Coal production has also increased by 3% Y-o-Y compared with 4.9 MnT in May’16.
Moreover, SCCL has raised its coal output in the current fiscal FY18. During the first two months of FY18(Apr’17-May’17), the company has produced 9.53 MnT coal, up by 1.93% compared with 9.35 MnT produced during Apr’16-May’16.
However, the company has failed to achieve its production target. The company attained 91% of the target of 10.53 MnT set for Apr’17-May’17.
Coal Despatches:
SCCL coal dispatch has fallen to 5.25 MnT in May’17, down by 2% M-o-M compared with 5.37 MnT in Apr’17. However, coal dispatch has increased 6.71% Y-o-Y in May’17 compared with 4.92 MnT in Apr’16.
During Apr’17-May’17, the company has dispatched 10.62 MnT coal with an increase of 11.09% compared with 9.56 MnT dispatched during Apr’16-May’16.
However, SCCL fell short of its sales target of 11.26 MnT for Apr’17-May’17, as the company managed to achieve 94% of the target set during the period.
| Coal Dispatches(in MnT) | |||
| Month | FY17 | FY18 | Y-o-Y |
| Apr | 4.64 | 5.37 | 15.73% |
| May | 4.92 | 5.25 | 6.71% |
| Jun | 4.48 | – | – |
| Jul | 3.99 | – | – |
| Aug | 4.45 | – | – |
| Sep | 4.1 | – | – |
| Oct | 4.68 | – | – |
| Nov | 5.46 | – | – |
| Dec | 5.98 | – | – |
| Jan | 5.97 | – | – |
| Feb | 5.7 | – | – |
| Mar | 6.47 | – | – |
| Total | 60.84 | 10.62 | – |
Source: SCCL
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