Team News Riveting
Kolkata, August 1
Coal India Limited (CIL) produced 207.1 million tonnes (MTs) of coal during April-July, 2022, which is 40.5 MTs more than the output recorded a year ago during the same period.
The production is highest ever for the period. This is a 24.3 per cent higher compared to 166.6 MTs of April-July, 2021.
For the month of July’22 CIL produced 47.3 MTs of coal, a 4.7 MT jump over 42.6 MT of previous year’s July logging logged 11 per cent output growth, maintaining the double digit streak for the fourth month on trot this fiscal, despite the monsoon slowing down its production.
Amid the escalated demand from power stations during the fiscal year, CIL supplied 199.4 MTs to this sector progressive till July’22 posting a robust 19.2 per cent growth. This is a 32 MT increase in absolute terms compared to167.3 MTs supplied in April-July’21.
CIL’s supplies to coal fired plants during the referred period were at par with the enhanced requirement projected.
The company logged a year-on-year supply growth of 19 per cent in July’22 to power plants at 47 MTs. Total coal off-take by CIL grew by 10% during the first four months of FY’23 at 232 MTs compared to 211 MTs year ago same period. The volume expansion was 21 MTs.
For July’22 CIL’s total off-take reached 54.5 MTs clocking 8 per cent growth notwithstanding the monsoon, against 50.4 MTs of previous year’s July.
As of 30th July’22, total coal stock at CEA monitored thermal plants was 29.6 MTs. Higher supplies from CIL helped build stock at power plants to the tune of 1.04 Lakh tonnes per day during July’22, the highest for this fiscal.
Coal inventory at CIL’s pitheads stood at 36 MTs at the closure of July’22. Around 11.5 MTs of coal is available at various loading points awaiting shipment.
The current coal stock situation is comfortable to meet the present trend of demand, if there is no sudden generation spike as witnessed in August’21 when stock at power plants plummeted by 11.2 MTs in a month.
With 6 MT, on tap, coal import orders in place, with scalable option upto 12 MTs, CIL is closely monitoring the supply situation to power plants to handle surge in demand.
