1. Coal India sales to power sector jumps by 6.8 per cent

Coal India sales to power sector jumps by 6.8 per cent

The supply of 371.8 million tonnes of coal by Coal India to the power sector in the last 10 months ending January has increased by 6.8 percent than the corresponding period last year, a senior company official said.

By: | Kolkata | Published: February 8, 2018 12:23 PM
Coal India, Coal India sales, power sector, coal production, Bharat Coaking Coal, Central Coalfields, coal india stock, news on coal india, thermal power plant The Coal India has produced 440 million tonnes of coal in the April-January period of the ongoing fiscal. (PTI)

The supply of 371.8 million tonnes of coal by Coal India to the power sector in the last 10 months ending January has increased by 6.8 percent than the corresponding period last year, a senior company official said. The state-owned miner also supplied 103.1 million tonnes of coal to the non-power sector in the April-January period of the current fiscal registering a growth of 8.8 per cent over the corresponding period last year. This comes at a time when it has missed its own production target by 29.2 million tonnes. The Coal India has produced 440 million tonnes of coal in the April-January period of the ongoing fiscal. The CIL official, however, said the miner has a huge potential to increase its coal production in the peak period of the ongoing quarter and hopes to surpass the previous month’s productions.

The current level of pithead coal stock is more than 34 million tonnes. The official said various steps have been taken to increase the offtake and after sustained effort, an all time high rake loading could be achieved which was 300 rakes a day consistently in the last fortnight of January. The average rake loading to the thermal power plant has also increased from a level of 209.8 rake per day in October, 2017 to 226 rake per day in February, 2018.

To boost supply to thermal power stations, a strategic decision was taken to ensure coal supply from pit head to power stations located within 50 kilometer by road. The available rake from the circuit was utilised to supply coal to distant thermal power stations. The CIL had to curtail production in two subsidiaries — Central Coalfields, Bharat Coaking Coal — in early FY17′ due to huge lying stock.

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