Coal India, NTPC 'break the jinx', report growth in Q2 as industries resume

Growth in power demand remains in negative though it is picking up coronavirus-related restrictions are eased: NTPC.

National miner Coal India Ltd and state-owned NTPC Ltd, India's largest power generator, reported growth in mining and power generation in the second quarter of the current financial year.

CIL recorded a 10 per cent growth in both production and offtake in July-September compared to the same period last year. In the first quarter, CIL reported 0.1 per cent growth in production.

CIL officials said the company registered its highest growth in September: a 31.6 per cent rise in production and 31.7 per cent in offtake. Supplies to power and non-power sector consumers and rake loading also registered growth, said