CIL's supply to power sector up 11%

CIL's coal supply to the power sector rose 11 per cent to 432.7 million tonne in the April-December period of the current financial year. In the year-ago period, the supply was 390.2 MT. The supply to the non-power sector last month was 10.5 MT due to increased output. To outdo the annual output target of 700 MT, CIL has to produce 221 MT in Q4 FY23 against 209 MT for the comparable quarter last fiscal. Our production pace is already up and expected to rise higher. Another point in our favour is large quantities of overburden removal. We feel positive about scaling over the output target, the company said in a statement. The PSU excavated 1,154 million cu m of overburden removal (OBR) till December against 968.6 million cu m in the corresponding period last year. The PSU supplied close to 508 MT of coal to all-consuming segments in April- December, registering a growth of 5.4 per cent as compared to the year-ago period. CIL accounts for over 80 per cent of the domestic coal output. Also Read Cochin development body revises deadline for housing project again Andhra Pradesh CM prioritises infrastructure in housing colonies