Muristek
State-owned CIL on Wednesday said it produced 108.2 million tonne of coal in the first two months of the ongoing fiscal year, registering year-on-year increase of 28.8 per cent. The company had produced 84 million tonne (MT) of coal in April-May last fiscal year, Coal India Ltd (CIL) said in a filing to BSE. The company's output in May increased to 54.7 MT from 42.1 MT in the corresponding month of previous fiscal year, the filing said. "Accelerating its production, CIL posted a strong 30 per cent output growth in May'22. The increase in volume terms was 12.6 MT," the PSU said in another filing. Facing a production target of 700 MT for 2022-23, which entailed 12.4 per cent growth rate at the beginning of the fiscal year, CIL brought down the year's asking growth rate to 9.9 per cent by the end of last month. "Admittedly, sustaining the level of growth witnessed so far, throughout the year, is difficult but we will be monitoring the progress month by month to augment the output," s
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