Subhechcha Ganguly 
According to a company statement, the newly appointed chairman and managing director (CMD) of Coal India (CIL), PM Prasad, stated that maintaining a steady supply of coal for the power sector is one of the company’s key goals on Saturday as he took over.He has worked in the coal mining industry for more than 30 years and holds a postgraduate degree in mining engineering from the Indian School of Mines at IIT Dhanbad. He succeeds Pramod Agrawal, who resigned on June 30 after reaching superannuation age.
Prasad started working with CIL in 1984 as a management trainee at Western Coalfields Limited. He later held positions with other CIL companies. Additionally, he served as Executive Director (coal mining) at NTPC for three years.
With an almost 10% increase, Coal India’s production during Q1 FY 2024 rocketed to 175.5 million tonne, the largest amount ever seen during the first quarter of any year. Volumetric growth was 15.7 MTs, which is noteworthy because it exceeded a high base of 159.8 MT in the same quarter of the previous fiscal. When compared to the 51.6 MT of June 2022, production for the month of June increased by 6.4 MT, or 12.4%, to 58 MT.A top official of CIL stated, “Output could have been even greater but for the significant rainfall in the last week of June across our mining sites.
