India's largest coal miner said in a filing on Monday that May production fell nearly 12% and output since April is down about 11% YoY, even as sustained heat pushed power demand to new highs. Exports rose only 1%. Unsold inventories have stayed abov

2026-06-01

India's largest coal miner said in a filing on Monday that May production fell nearly 12% and output since April is down about 11% YoY, even as sustained heat pushed power demand to new highs. Exports rose only 1%. Unsold inventories have stayed above 100 mln t over the past year, constraining production as demand lags supply. The company said the drop in output during peak months highlights challenges from energy-market diversification and that its former near-monopoly is being eroded by new state and private producers taking market share.