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CIL Thermal Coal Supply to Power Sector in H1 drops 7% YoY

Coal News - Published on Tue, 22 Oct 2019

Image Source: moneycontrol.com
Coal India Limited’s coal supply to the power sector dropped by 21.1 per cent to 28.3 million tonnes over 35.9 million tonnes in September last fiscal. As a result, CIL registered a decline of 7 per cent to 218.4 million tonnes in the April-September 2019-20 as against 235 million tonnes in April-September 2018-19. With torrential rains hitting coal production, Coal India Ltd recently said it was keeping a close watch on the current situation to ensure smooth supplies to power plants.

As on September 30, the state-owned major said coal stock at power plants stood around 17.3 million tonnes, which is sufficient for 11 days.

CIL, which accounts for over 80 per cent of the domestic production, saw its output decline by 6 per cent to 241 MT in April-September on account of monsoon.

Source :

Posted By : Rabi Wangkhem on Tue, 22 Oct 2019
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