CIL increases coal supply by 5.57% to thermal power stations

21 Apr 2022 CW Team

Coal India Limited (CIL) increased 5.57% to Rs 199.95 after the company raised the supplies to thermal power stations by 14.2% during the first half (H1) of April 2022, during the same period last year.

CIL's supplies have hit 1.64 million tonnes (mt) per day against 1.43 mt supplied in a similar period during April 2021.

The company increased its production to 26.4 mt during the first half of April 2022, registering 27% year-on-year (YoY) growth. CIL is heading towards its highest April production ever. The output expansion in volume terms was 5.7 mt.

CIL has made available an additional 8.75 mt of coal to the state and Central generation companies (Gencos) for lifting through rail-cum-road (RCR) till 31 May. From this, 3.25 mt is the unlifted quantity of the earlier RCR, and 5.5 mt is the new round of RCR.

The country's total power generation was 9.5% higher, at an average of 4.53 billion units, till 15 April over the same period last year. The increase was 400 million units per day against the average generation of 4.13 billion units for the same period.

CIL is coordinating with the ministries of coal, power, and railways to stock up at power plants in a synergic effort. The company's supplies are increasing. The pressure will ease if the imported coal-based power plants meet their requisite imports this year.

CIL is a coal mining firm engaged in producing and sale of coal. As of 31 December last year, the central government held a 66.13% stake, while Life Insurance Corporation (LIC) of India held an 11.01% stake in CIL.

Based on consolidation, the public sector undertaking (PSU) coal major's net profit rose by 47.7% to Rs 4,556.54 crore on a 19.7% increase in net sales to Rs 25,990.97 crore in the third quarter (Q3) of FY22 over Q3 FY21.

Image Source

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..