COAL & MINES

Coal India sees situation in Jul-Sep uncertain as some states still under lock

Coal India (CIL), which is already reeling under the pandemic stress causing adverse impact on demand and supply of dry fuel, on Friday said the situation will remain uncertain in July-September as some states are resorting to fresh lockdowns.

The state-owned miner produced 18.05 million tonnes (MT) of coal from July 1 to July 16 against 19.61 MT produced in the same period last year.

The coal production in some of the major mines is still affected due to high coal stock and less offtake. Pithead stock of CIL as on July 16 is 72.88 MT as compared to 33.17 MT during the last year same period, it said.

However, with concentrated efforts, a growth of 16.7 per cent was registered in overburden (OB) removal during July 1 to July l6 as compared to the same period last year.

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