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CIL Coal Output in September Dips to 31 Million Tonnes

Coal News - Published on Fri, 04 Oct 2019

Image Source: m.economictimes.com
Coal India Ltd’s monthly production dropped to a record low as the heaviest rains in 25 years flooded mines and hindered shipments. The state miner produced 30.77 million tons of coal in September, down 24 per cent from a year earlier and the lowest in data back to 2013. Shipments dropped 20 per cent to 35.18 million tonnes, the lowest in five years. The slump in output and shipments is squeezing supplies to customers. Coal inventories at the country’s power plants have declined to a nine-month low, spurring higher imports.

Mr Dikken Mehra spokesman for Mahanadi Coalfields said that Output at Coal India’s Talcher coalfields in Odisha is yet to return to its full potential, as its Bharatpur mine remains closed since an accident in July, a unit of Coal India that runs the mine.

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Posted By : Rabi Wangkhem on Fri, 04 Oct 2019
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