CCL registers record output at 76.09 mt in FY'23, logs 11% growth

Central Coalfields Limited (CCL), a Coal India subsidiary, has posted a record output of 76.09 million tonne (MT) in 2022-23 fiscal, registering 11 per cent growth over the previous fiscal's production of 68.85 million tonne. The target for the fiscal, which ended on Friday, had been fixed at 76 mt. "This is for the first time since 2018-19 when target was not only achieved but it surpassed too," CCL chairman-cum-managing director PM Prasad. Speaking to media persons here on Saturday, he said that the production target for the current fiscal of 2023-24 is 84 million tonne. The Jharkhand-based CIL arm also achieved a record off-take at 75.03 mt during the last financial year, with an increase of 4.5 per cent against 71.8 mt achieved in fiscal 2021-22. "The company's overburden removal (OBR) rose to historic high at 107 million cubic metres (MCuM) in 2022-23 with growth of 7 per cent against 100.1 MCuM in 2021-22," he said. Dispatch to power sector surged by 8.8 per cent from 59.2 m

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