CIL''s non-power supply grows 4.4 pc till January

Kolkata, Feb 27 () Coal India's dry fuel supply tothe non-power sector had expanded by 4.4 per cent till Januaryof the current fiscal in contrast to a decline of 6.8 per centto the power sector for the same period.

The muted demand from power plants and sufficientstock of coal had resulted in lower demand.

To combat the slowdown in sale, CIL was channelisingmore coal to the non-power sector.

"CIL's supplies to non-power sector registered agrowth of 4.4 per cent at 95.45 million tonne in the April-January period of FY20," a senior Coal India official said onThursday.

CIL's coal supply to the power sector registered adecline of 6.8 per cent to 377.86 million tonnes in theApril-January period of the ongoing fiscal.

CIL has allocated more rakes to supply to non-powerconsumers and liquidated over 82 per cent of its "arrearrakes" during the ongoing fiscal, the official said.

These backlog rakes for CIL pertains to 2017-18and 2018-19.

The combined coal stock, at CIL's own pitheads and atcoal linkage based thermal power plants of the country, standsat a comfortable 78.25 million tonnes.

Coal stock at power plants increased to a decade highof 36.36 million tonne as of February 24, an average 20 daystock.

Coal stocks at pitheads stood at 41.63 milion tonne tomeet the power sector's supplies when the demand picks up. BSMNN NN
{{}}

(This story has not been edited by Business Insider and is auto-generated from a syndicated feed we subscribe to.)


Add Comment()
Comments ()
X
Sort By:
Be the first one to comment.
We have sent you a verification email. This comment will be published once verification is done.