Coal India’s Supply To Power Sector Drops 7% In April-September
Supply of coal by state-owned Coal India Ltd. to the power sector registered a decline of 7 percent to 218.4 million tonnes in the April-September period of the ongoing fiscal.
This comes amid the Maharatna firm recently stating it was ensuring smooth supply to power plants. Fuel supply by Coal India in the year-ago period was 235 million tonnes, according to official data.
The supply of coal to power sector by Coal India last month dropped by 21.1 percent to 28.3 MT, over 35.9 MT in September last fiscal.
With torrential rains hitting coal production, Coal India recently said it was keeping a close watch on the current situation to ensure smooth supplies to power plants.
As on Sept. 30, the state-owned major said coal stock at power plants stood around 17.3 million tonnes, which is sufficient for 11 days.
Coal India, which accounts for over 80 percent of the domestic production, saw its output decline by 6 percent to 241 MT in April-September on account of monsoon.
"Coal India 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.