-15.00 (-3.29%) Coal India (CIL) has reported a rise of 1.1% in coal dispatch to the power sector to 131.1 million tonnes (MT) in the April-July period of this fiscal even as the PSU workers announced to go on a nationwide day-long strike next week. The dispatch by Coal India (CIL) in the corresponding period of last financial year was 129.6 MT. Last month, the figure stood at 31.4 MT, up 1.7 per cent compared to the same month a year ago.
However, the dispatch of fossil fuel by Singareni Collieries Company (SCCL) during April-July period declined by 1.6 per cent to 15.150 MT, over 15.390 MT in the same period of previous financial year.
The government is eyeing 1.5 billion tonnes of coal production by 2020. Of this, CIL, which accounts for over 80 per cent of the domestic coal production, is looking at an output of one billion tonnes.