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CIL's coal offtake up 38% to 55 MT in May

CILs coal offtake up 38% to 55 MT in May
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CIL's coal offtake up 38% to 55 MT in May

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New Delhi State-owned Coal India Ltd on Tuesday said its coal offtake rose by 38 per cent to 55 million tonnes (MT) in May on the back of revival of fuel demand from the power sector. "Spurred by the revival of coal demand from power sector, Coal India Ltd (CIL) scripted the highest ever coal off-take of 55 million tonnes for the month of May (in any year) so far," the PSU said in a statement.

As coal supplies surged ahead to 55 MT in May, CIL recorded a whopping 15 million tonnes increase in volume terms against comparable month last year, logging close to 38 per cent growth, the statement said.

Even compared to pre-Covid May 2019, the growth was 5.8 per cent when the company's off-take was 52 million tonnes, it said.

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