Coal India’s supply surges 12% in October

Team News Riveting

Raipur, November 1

Amidst coal crises that astounded October, Coal India Limited (CIL) recorded a growth of 11.8 per cent in the coal supply during the month to meet the demand to ensure running the thermal power plants (TTPs) in the country.

The month of October was rocked with severe coal crises with rumors fanning high that the country would be plunged into darkness. The shortage of coal had left many TTPs with a buffer stock of just 2-3 days,

The state-run coal miner geared up to defuse the crises and accelerated the production and supply. The company concentrated on the offtake to ensure that the TTPs were stocked with the dry fuel and it paid the desired dividends.

While the production of CIL in October went up by 6.4 per cent at 49.8 million tonne (MT) compared to corresponding period of last year, it suppled 56.7 MT of coal during the month that was up by 11.8 per cent. Besides, the surge was 22.41 per cent higher compared to the month of September 2021.

The cumulative offtake of dry fuel by the mining company in the April-October period of the current fiscal is 364.4 MT, registering a growth of 19.2 per cent compared to the previous year.

The cumulative production of the CIL for the period stood at 299.6 MT, which was higher by 5.9 per cent compared to the corresponding period of the last fiscal.

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