The company also touched the highest figures in OBR and Offtake since its inception
SECL has registered a record-breaking performance in the first half of FY 23-24 (April ’23 – September ’23) with coal production of 77.78 million tonnes. In the recently concluded month of September, the company has achieved coal production of about 11.14 million tonnes. This is the highest ever coal production in any month of September and in any first half of the financial year since the inception of the company. While the company has registered an increase of 14.34 million tonnes (22.6%) compared to the first half of the last financial year 22-23, the company produced about 2 million tonnes (21.60%) more coal in the last month as compared to September 2022.
If we talk about over burden (OB) removal, the company did the highest ever OB removal of 151.28 MCuM in the first half of the current financial year. OBR saw an increase of 46.51 (44.39%) MCuM as compared to first half of the last financial year. The company has created a new OBR record for any September month with 20.33 MCuM OBR. In September last year, the company had done 15.46 MCuM OBR and thus in the month of September, the company has registered an increase of 31.47% in OBR.
In Offtake also, the company has achieved a record dispatch of 86.08 million tonnes of coal in the first half of this financial year, which is 12.69 million tonnes (17.29%) more than in the first half of the last financial year 2022-23. The company has touched the highest figure of dispatch to power sector till date by sending 69.77 million tonnes of coal to power plants. Talking about the month of September, the company has dispatched 12.90 million tonnes of coal, leaving behind all the dispatch figures of previous years. The company has also registered an increase of 19.04% in dispatches as compared to September 2022.
It may be noted that the company has recorded the highest coal production in its history of 167 million tonnes in the financial year 22-23. This year company has target of annual production of 200 million tonnes.
