CIL records coal off-take to 55 mt in May
COAL & MINING

CIL records coal off-take to 55 mt in May

Coal India Ltd (CIL) saw a rise in coal off-take to 55 million tonne (mt) for May, owing to a revival in demand from the power sector. Due to the Covid-19 lockdown, coal offtake was around 40 mt in FY20.

However, the company's off-take in May is 6% more than 52 mt recorded in May 2019 during the pre-Covid period. CIL's supply to the power sector, at 44 mt in May, was up 41% from the same period last year, indicating a healthy recovery in coal demand.

Stocks at thermal power plants fell by 5 mt in April from 28.9 mt at the end of FY20, owing to increased activity and higher coal consumption. However, increased supplies by CIL in May resulted in the coal stock at coal-fired plants being restored to 29 mt. The company planned to increase its supplies in the coming months.

The total coal off-take of CIL for April-May was 109.2 mt, up 38% from 79 mt in the same period last year. Similarly, a 38% rise was noted in the supply to power sector, one of the largest consumers of coal.

During the first two months of FY21, CIL supplied 86.3 mt of coal to power, compared to 62.7 mt during FY20.

During April and May, CIL liquidated 25 metric tonnes of coal from its inventory. The company started FY22 with close to 100 mt of stock at its pitheads, but by the end of May, it had reduced it to 74.3 mt.

In May, coal production increased by around 2% to 42.1 mt, compared to 41.4 mt in the same month the previous year. Production increased by around 3% in April-May, reaching 84 mt (81.8 mt).

With a growth rate of 17%, it is the second-highest in terms of overburden removal.

Image Source


Also read: CIL notes 28% decline in coal allocation held via e-auction in April

Also read: Coal India’s fuel allocation via spot e-auction surges 43% in FY21

Coal India Ltd (CIL) saw a rise in coal off-take to 55 million tonne (mt) for May, owing to a revival in demand from the power sector. Due to the Covid-19 lockdown, coal offtake was around 40 mt in FY20. However, the company's off-take in May is 6% more than 52 mt recorded in May 2019 during the pre-Covid period. CIL's supply to the power sector, at 44 mt in May, was up 41% from the same period last year, indicating a healthy recovery in coal demand. Stocks at thermal power plants fell by 5 mt in April from 28.9 mt at the end of FY20, owing to increased activity and higher coal consumption. However, increased supplies by CIL in May resulted in the coal stock at coal-fired plants being restored to 29 mt. The company planned to increase its supplies in the coming months. The total coal off-take of CIL for April-May was 109.2 mt, up 38% from 79 mt in the same period last year. Similarly, a 38% rise was noted in the supply to power sector, one of the largest consumers of coal. During the first two months of FY21, CIL supplied 86.3 mt of coal to power, compared to 62.7 mt during FY20. During April and May, CIL liquidated 25 metric tonnes of coal from its inventory. The company started FY22 with close to 100 mt of stock at its pitheads, but by the end of May, it had reduced it to 74.3 mt. In May, coal production increased by around 2% to 42.1 mt, compared to 41.4 mt in the same month the previous year. Production increased by around 3% in April-May, reaching 84 mt (81.8 mt). With a growth rate of 17%, it is the second-highest in terms of overburden removal. Image Source Also read: CIL notes 28% decline in coal allocation held via e-auction in April Also read: Coal India’s fuel allocation via spot e-auction surges 43% in FY21

Next Story
Resources

Jyoti Structures Launches Heat Safety Drive Across Sites

Jyoti Structures (JSL) has strengthened heat safety measures across its project sites and manufacturing facilities as temperatures rise across India. The company has implemented a Summer Safety Plan covering all transmission line projects to address risks related to heat stress, dehydration and worker fatigue.The initiative includes rescheduling work away from peak afternoon temperatures, provision of drinking water, ORS and lemon-salt solutions, and installation of rest shelters near work areas. Daily toolbox talks, worker health monitoring, first-aid preparedness, emergency transport arrange..

Next Story
Real Estate

MHADA Declares 82 Buildings Most Dangerous in Central and South Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has declared 82 buildings as most dangerous across Central and South Mumbai and has appealed to residents to vacate immediately. The list, prepared after structural assessments by the authority, identifies buildings judged to pose imminent risk to occupants and to passersby. Local civic bodies have been asked to coordinate evacuations and to make arrangements for temporary shelter and rehabilitation for displaced households. Officials said the authority prioritised buildings with visible structural distress, severe cracking, tiltin..

Next Story
Infrastructure Transport

Damage Reported At Halwara Airport Terminal After First Rains

Severe damage was reported at the terminal of Halwara Airport during the first major rain spell of the season, prompting immediate concern among aviation and local authorities. Images from the site showed water ingress and visible deterioration of the terminal interior, affecting passenger areas and ancillary services. The airport authority suspended certain operations temporarily to assess structural safety and ensure passenger wellbeing. Preliminary inspections have prioritised electrical systems and roof seals to prevent further water ingress. State aviation officials ordered a formal inqui..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement