Company also touched the highest ever figures in coal production, OBR, and Offtake
Team News Riveting
Raipur, July 1
South Eastern Coalfields Limited (SECL) has registered a stupendous performance in the first quarter of financial year 2023-24 (FY24) with a coal production of 41 million tonnes (MT).
In the recently concluded month of June, the company has achieved around 14 MT of coal production. This is the highest ever coal production in any month of June and in any first quarter of the financial year since the inception of the company.
Compared to the first quarter of the previous financial year 22-23, the company has registered an increase of 6.02 million tonnes (17 per cent). In the month of June compared to June 2022, the company has produced 3.38 million tonnes (32 per cent) more coal.
If we talk about overburden removal, in the quarter ending June 2023, the highest ever 86.38 million cubic meters has been removed by the company. OBR has seen an increase of 26.61 million cubic meters (45 per cent) as compared to the corresponding quarter of the previous financial year. The company has created a new record of OBR in any June month with 26.45 million cubic metres. In June last year, the company had OBR of 18.33 million cubic meters and thus in the month of June, the company has registered an increase of 44 per cent in OBR.
The company has dispatched 44.38 million tonnes of coal in the quarter April-June 2023, which is 4.97 million tonnes (13 per cent) more than the quarter of the previous financial year. And in the month of June alone, the company dispatched 14.69 million tonnes of coal leaving behind all the figures of the previous years. The company has also registered a growth of 1.81 million tonnes (14 per cent) in dispatch as compared to June 22-23.
It may be noted that the company has recorded a record coal production of 167 million tonnes in the recently concluded financial year 22-23, which is the highest coal production in the company’s history. The company has got an annual target of 200 million tonnes of coal production for FY 23-24.
