Coal India Ltd.

BSE: 533278 | NSE: COALINDIA
Large Cap | Mining & Minerals
418.55
-4.55 (-1.08%)
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Coal India posts 15.6% growth in supplies to power sector in April 2022

Date: 02-05-2022

Coal India (CIL) has posted 15.6 percent growth in its supplies to the power sector in April 2022 compared to same month last year. With the intense demand for coal continuing unabated driven by an upward spiral in the electricity generation CIL pushed up its supplies to power plants of the country to 49.7 million tonnes (MTs) in April 2022. This is 6.7 MTs more supply compared to April 2021 when the power sector’s despatach was 43 MTs.

On an average CIL supplied 1.66 MTs of coal per day to power utilities in April 2022 which sped to 1.73 MTs during the last week. Average supply per day is at par with what was programmed by CIL for this sector during the first quarter of FY 2023.

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.