Synopsis: The total outstanding dues payable by the power sector to Coal India Ltd (CIL), which had been hovering around Rs 15,000 crore for the past several months, has come down by 18.4 percent to settle at Rs 12,272.41 crore at the end of FY22 (March 2022), government data showed
Synopsis: In a stern directive, the Ministry of Power has said that it will curtail the availability of coal rakes to power plants that have been found to be slacking in unloading coal from rakes
After registering a nominal decline in December 2020, dues owed by power sector to Coal India Ltd (CIL) has increased by a whopping Rs 1,572.61 crore in January
The outstanding dues owed by the power sector to CIL has risen to Rs 22,581.87 crore in October, registering a rise of 2.05 percent over the previous month
The data showed that even though power sector’s outstanding dues to Coal India have charted an upward trajectory in H2, the overall rise is lower as compared to H1 of the fiscal year
The total outstanding dues from the power sector to Coal India has decreased marginally by around Rs 350 crore as it stood at Rs 20,570.76 crore at the end of July