Press Release28 Mar 2024, 06:23 pm
Coal India's Coal Supplies to Power Sector Surpass Annual Target by 9.8 MTs, Supply Averages 1.76 MTs Per Day
AI Summary
Coal India Ltd. (CIL) surpassed its FY 2024 target of 610 MTs coal supply to the power sector with a total of 610.8 MTs by Wednesday, 28 March 2024, marking the second consecutive year reaching this feat. CIL's coal supplies have increased by 5% compared to the 581.5 MTs in the same period the previous fiscal year. The company's daily coal supply to power plants is currently averaging 1.76 MTs, which is contributing to a significant increase in coal stock levels at domestic power plants. As of 26 March, coal stock sat at 47.1 MTs, a substantial increase of 13.7 MTs compared to the same period last year when it was at 33.4 MTs.
Key Highlights
- CIL overachieves FY 2024 coal supply target to power sector by 9.8 MTs
- Daily coal supply to power plants averages 1.76 MTs
- Coal stock at power plants surges to 47.1 MTs, up from 33.4 MTs
- Two consecutive years of CIL exceeding coal supply target to power sector
- FY 2023 coal off-take to power plants was 586.6 MTs