COAL & MINES

CIL’s coal supply to power sector drops 24 pc to 62 MT in Apr-May

The supply of coal by CIL to the power sector declined 23.9 per cent to 61.84 million tonnes in the April-May period of the current financial year. The development comes at a time when Coal India Ltd (CIL) is beset with tepid demand for coal, with most of its customers, like the power sector, shying away from lifting adequate quantities.

The supply of coal by CIL to the power sector in April-May, 2018-19 was at 81.29 million tonnes (MT), according to recent government data.

Last month, the supply of the dry fuel was at 30.15 MT, a decline of 25.3 per cent from the year-ago period, the data showed.

Singareni Collieries Company Ltd (SCCL), a state-owned coal miner, supplied 5 MT of coal in April-May to the power sector, registering a drop of 46.7 per cent over 9.40 MT supplied by the PSU in the year-ago period, the data said.

In May, SCCL’s dispatch to the power sector dropped to 2.15 MT, against 4.73 MT in the year-ago same period, it said.

CIL is primarily tapping domestic coal-based power plants and non-power sector consumers which are importing coal. They imported around 150 MT of the dry fuel in 2019-20.

Source
ET Energy World
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