Coal India achieves 610.8-MT supply to power sector, tops annual target PSU WATCH
News Updates

Coal India achieves 610.8-MT supply to power sector, tops annual target

Coal India Limited (CIL) has surpassed its annual supply target of 610 million tonnes to the thermal power sector, achieving 610.8 MT till March 27

PSU Watch Bureau

New Delhi: Coal India Ltd (CIL) has surpassed its annual supply target of 610 million tonnes to the thermal power sector, achieving 610.8 MT till March 27, a company official said.

"This marks the highest coal supply till date to the power sector," he said.

PSU Watch is now on Whatsapp Channels. Click here to join

CIL's coal supply to the sector rose by 29.3 million tonnes in absolute volume terms compared to the corresponding period last fiscal, he said.

The miner's current average daily supply to coal-fired plants stands at 1.76 million tonnes, reflecting the growing demand from the power sector, according to a company statement.

CIL is aiming at boosting production in the wake of the estimated peak demand for electricity of 250 GW this summer.

In 2022-23, offtake to power plants reached 586.6 million tonnes, surpassing the commitment of 565 million tonnes, the official said.

As per data, coal stock at domestic coal-based power plants stood at 47.1 million tonnes as of March 26, an increase of 13.7 million tonnes as against the corresponding period last year.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Parliamentary panel flags governance lapses at IREL as CMD post, all independent director seats lie vacant

RBI clears Paytm arm PPSL as payment aggregator for offline, cross-border transactions

CAG flags delays, financial lapses in SAUBHAGYA and DDUGJY implementation, pulls up REC

Former SEBI Chief Sinha cautions on growth in private credit

Power Grid commissions Khavda II-B transmission project for 4.5 GW renewable energy evacuation