Coal India (CIL) has reported 1.3% rise in supply of coal to power sector to 420.2 million tonnes (mt) in 2016-17. The increase in supply comes at a time when demand of coal by the power sector has picked up on back of economy doing well.
The company which accounts for over 80% of the domestic coal production had dispatched 414.7 mt of fuel in FY 2015-16.
However, in March, CIL dispatches declined by around seven per cent to 34.6 mt from 37.1 mt in March 2016. The overall dispatch of coal by the PSU increased 1.6 per cent to 543.2 mt in 2016-17 from over 534.5 mt in the preceding fiscal.
Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.
