Coal India Ltd witnessed a 6.6-per cent growth in production at 527.70 million tonnes (mt) so far during this fiscal (April-February), compared with 495.08 mt during the same period last year.

Coal offtake by CIL during the first 11 months of the current financial year was up nearly 4.5 per cent at 548.48 mt (525.04 mt).

“Achieving 99 per cent and 99.5 per cent of the respective targets in coal production and coal off-take, CIL, during April-February period, surged ahead by nearly 32.62 million tonnes volume increase in production and 23.45 million tonnes increase in coal off-take, on a comparable period last year,” said a press statement issued by CIL.

CIL’s planned target for the current fiscal is 610 mt for both production and offtake and it is hopeful of closing in on its production and offtake targets. Coal supplies to thermal power stations increased 29.30 mt during the said period registering a growth of 7.1 per cent. Total coal offtake to power sector by CIL during April-February was 440.8 mt (411.5 mt).

“CIL has achieved production of 58.05 mt for February, which incidentally is the highest for this particular month so far,” the release said.

CIL, on an average, loaded 206.2 rakes per day to the power sector against 198.7 rakes during the same period a year ago, clocking a growth of 3.8 per cent.

Coal stock at pitheads stood at a comfortable 34.76 mt at the end of February, which at the beginning of the current fiscal was 55.55 mt. The company liquidated 20.79 mt of its pithead coal stock during the 11 months of FY19.

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