Western Coalfields faces flat coal production at 69 MT amid challenges

Q: How long will it take to read this news story?

The story "Western Coalfields faces flat coal production at 69 MT amid challenges" has 357 words across 14 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Western Coalfields faces flat coal production at 69 MT amid challenges" was covered 6 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 119 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #25244422</li><li>URL: https://beamstart.com/news/western-coalfields-faces-flat-coal-17372625156828</li></ul>

Business Standard Logo Business Standard 6h ago

Western Coalfields faces flat coal production at 69 MT amid challenges - Business Standard

Quick Summary:

Western Coalfields Ltd (WCL), a subsidiary of Coal India, has projected flat coal production at 69 million tonne in FY'25, mirroring last year's output, as it grapples with operational and pricing challenges.

Despite achieving its highest-ever coal production of 69.113 million tonne in FY24, reflecting a 7.5 per cent growth, WCL anticipates no growth this fiscal or the next due to limited reserves, adverse geo-mining conditions, and escalating production costs, a top company official said.

Despite our best efforts, we expect production to remain flat next fiscal as well due to unique mining and pricing challenges," WCL Chairman and Managing Director Jai Prakash Dwivedi said.