Coal output in April suffered Covid-19 blow

By: |
June 21, 2021 3:45 AM

When compared with April 2019, coal production fell by 7.9% in April 2021.

CIL said the amended e-auction sale policy, allows the overseas sale of coal bought under spot e-auction and special spot e-auction by domestic coal purchasers only which also includes the domestic traders.CIL said the amended e-auction sale policy, allows the overseas sale of coal bought under spot e-auction and special spot e-auction by domestic coal purchasers only which also includes the domestic traders.

The resurgence of the Covid-19 pandemic hit demand and production of coal in the month of April 2021, though production grew by 7.8% y-o-y, mainly due to a low-base effect.

When compared with April 2019, coal production fell by 7.9% in April 2021.

On a m-o-m basis, production tanked 46.5%.

This was because coal production generally peaks in March every year as miners ramp up output to meet their year-end targets.

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