4.15 (0.99%) Coal India's (CIL) has supplied to coal fired power plants of the country raced ahead to 441.4 million tonnes (MTs) during April-January of FY22. This is a robust volume increase of 83 MTs representing 23% growth compared to 358.2 MT dispatch of corresponding Period last Year.
The company’s current coal dispatch trend to power sector indicates that, by the closure of FY22,the company shall comfortably surpass the previous high of 491 MTs supplied to thermal power plants in FY19. The company is also aiming to overtake the ongoing fiscal's off-take target of 548 MTs to power sector.
During the referred period, the company supplied around 80 MTs more coal to all its customers as the total off-take evinced a steep increase to 542.4 MTs registering 17% year-on-year growth. Total off-take during same period last year was 463MTs. The company- produced 478MTs of coal till January 2022 of the current financial year, which is a 25 MT jump compared to 453 MTs same period last year posting 5.5% growth.
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.