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Singareni output, despatches both up in November

04 Dec 2015

India Coal Market Watch

 December 3: Singareni Collieries Company Ltd (SCCL) has recorded a 15.54% jump in production to 5.28 million tons (mt) in November 2015, compared to 4.57 mt recorded for the same period last year, data released by the company shows.

 For the first eight months of the current financial year (April-November), total production stood at 37.50 mt, which was higher by 24.38% over 30.15 mt achieved in the same period last year.

 Coal production during April-November, 2015 was 108% of the target of 34.66 mt set for the period.

 Total despatches in November were at 5.02 mt, a 13.83% jump over 4.41 mt reported for the same month last year.

 Despatches during the first eight months of the current financial year (April-November) were at 38.10 mt, about 13.77% increase over 33.49 mt achieved in the same period last year.

 Coal despatches during April-November, 2015 were 108% of the target of 35.16 mt set for the period under consideration.