During the last week of December, Coal India Limited delivered 154.6 MT of coal, an improvement of about 9.2%, production correlated to 141.6 MT in the third week of the earlier fiscal. Week-to-week improvement was 15% during July-September 2020 as related to off-take of 134.3 MT.
New Delhi (Natural Energy News): Coal India Limited (CIL) production grew by 6.3% to 156.8 million tonnes (MT) of coal during October-December 2020 as against 147.5 MT in the same quarter last year. The volume increase during this period was 9.3 MT.
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Quarter-to-quarter production growth was 41.8 MT, an increase of 36.4%. An official said that CIL produced 115 MT during the second quarter of the current financial year.
During the last week of December, Coal India Limited delivered 154.6 MT of coal, an improvement of about 9.2%, production correlated to 141.6 MT in the third week of the earlier fiscal. Week-to-week improvement was 15% during July-September 2020 as related to off-take of 134.3 MT.
"During the July-September 2020, customers in the non-power sector reports an increase of 43.4% supply of coal from Coal India, with an improvement in coal quantity," said a senior company official.
For October-December, CIL delivered 36.62 MT of production to non-power buyers as compared to 25.53 MT in July-September of last year. The incremental supply during the period was slightly over 11 MT.
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Coal supply to power plants grew by a nominal 1.5% during the third quarter of the financial year. CIL had 117.8 MT in the power sector in October-December as compared to 116.07 MT in the same quarter last year.
The company saw a 17.6% increase in Q3 Finance to 366.23 million cubic meters in Q3 Finance compared to 311.52 million cubic meters in the third quarter of FY 2013-16, as the company lifted more burden in this quarter compared to the previous year.
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