Coal India dispatched 70.3 million tonnes of coal in October, marking a 19% year-on-year increase and exceeding its previous all-time monthly high. The achievement was supported by logistics milestones, including an average loading of 310 railway rakes per day dedicated specifically to the power sector. Furthermore, subsidiary Mahanadi Coalfields Limited contributed meaningfully by delivering more than 20 million tonnes in a single month for the first time.
Key points
Strong distribution volumes will assist power utilities in building vital fuel inventorie…: Strong distribution volumes will assist power utilities in building vital fuel inventories as electricity demand climbs nationwide.
Subsidiary Mahanadi Coalfields Limited achieved a notable milestone by dispatching over 2…: Subsidiary Mahanadi Coalfields Limited achieved a notable milestone by dispatching over 20 million tonnes in one month.
Positive market reaction lifted the state miner's overall five-year share price return to…: Positive market reaction lifted the state miner's overall five-year share price return to more than 140%.
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Coal India shares surged to nearly Rs 407 crore on Monday morning, the highest level seen by the stock in nearly two weeks. The surge in share price today pushed the company’s market capitalisation to nearly Rs 2.5 lakh crore.
The company said its coal production also reached its highest-ever levels for the month of October in any financial year. "The achievement assumes greater significance in view of the need to augment coal stocks at thermal power plants amid rising power demand, while disruptions caused by unseasonal rainfall, the Puja festivities and impact of a cyclone posed challenges to the operational performance," the Kolkata-headquartered PSU said in an exchange filing.
Coal India’s monthly coal supplies crossed the 70 million tonnes (MT) mark for the first time, reaching 70.3 MT and surpassing the previous monthly record of 69.4 MT achieved in March 2026. This marks 19% growth over 59.2 MT supplied in October last year.
Also read | Why Jefferies, Motilal Oswal, others cut target price for Coal India after Q2 results
Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India,…
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