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Dynamite News
Dynamite News
National
DN Bureau

MOIL's production jumps by 7%, sets new record of 1.46 lakh tonnes in Sep

MOIL continued its growth momentum

New Delhi: With best ever September production of 1.46 lakh tonnes in September 2024, MOIL continued its growth momentum. It has achieved production of 8.70 lakh tonne during first six months of the current financial year (April to September 2024), registering a growth of 7% over CPLY.   

The Company has also achieved Best September sales of 1.59 lakh tonnes in September, 2024, reports Dynamite News correspondent.

Also Read | Senior IAS Officer Keshav Chandra named Chairman of NDMC

MOIL Sales of 7.51 lakh tonnes during April-September 2024, is almost at the same level as that during corresponding period last year, despite challenging market conditions.

Giving utmost thrust to exploration, MOIL has carried out exploratory core drilling of 50,222 meters upto September, 2024 which is 1.4 times than the previous year.

Also Read | Ajit Kumar Saxena CMD MOIL conferred with 'Business Leader' and 'HR Orientation' Awards

Ajit Kumar Saxena, CMD MOIL, said that in spite of continued rainfall, the upward trend in production during first six months has been heartening.  He further mentioned that MOIL team is geared up to achieve higher levels of production and sales in the coming months.

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