Coal India February production likely to be 66 million tonnes

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Coal India February production likely to be 66 million tonnes
Kolkata, Feb 29 () Coal India Ltd is likely toregister a 13-per cent on-year rise in production in Februaryto 66 million tonnes, sources said on Saturday.

The world's largest miner had produced 58.05 milliontonnes in the corresponding month a year ago.

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Cumulative production for the April-February period isexpected to be 517.5 million tonnes, they said.

"The daily average production has inched higher tonearly 2.5 million tonnes compared to little over 2 milliontonnes in the month of January. Till February 28, cumulativemonthly production was 63.5 million tonnes" the sources told.

Offtake, however, continues to be muted. It is likelyto be 54.5 million tonnes in February, a growth of nearly 6per cent on a year-on-year basis. BSMRBT RBT
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