+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Coal supply by CIL to power sector drops over 8 pc to 253 MT in April-October

Nov 22, 2019, 11:50 IST
PTI
New Delhi, Nov 22 () Supply of coal by state-owned CIL to the power sector registered a decline of 8.5 per cent to 253 million tonnes in the April-October period of this fiscal.

Fuel supply by Coal India in the year-ago period was 276.8 million tonnes (MT), according to official data.

Advertisement

The supply of coal to power sector by CIL in October dropped by 19.3 per cent to 33.8 MT, over 41.9 MT in October last fiscal.

With torrential rains hitting coal production, Coal India had said that it was keeping a close watch on the current situation to ensure smooth supplies to power plants.

CIL saw its output decline by 6 per cent to 241 MT in April-September on account of monsoon.

"CIL is gearing up to regain its production tempo and keep coal supplies to power sector going after the torrential rainfall across its subsidiaries dealt a crippling blow to the company's coal production and offtake," the company had said in a statement.

Advertisement

CIL had said that a team of officials is closely monitoring coal supplies to power plants and is working on plans to divert coal to fuel-starved plants.

The state-owned firm had earlier said that it will produce 750 million tonnes of coal in the next financial year.

The PSU will further produce 1 billion tonnes of coal by FY2024, Coal Minister Pralhad Joshi had said.

The PSU is currently given the target of producing 660 million tonnes of coal amounting to 82 per cent of the country's coal output.

Joshi had said that with the demand for power rising steeply, there is enough opportunity for both government and private sectors to produce coal without adversely impacting each other. SID DRR

(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article