CIL’s production and offtake remained subdued in February

02 Mar 2021 CW Staff

Production and offtake of Coal India Ltd (CIL) remained subdued in February amid lower demand and a robust pithead stock of 78 million tonne (mn t), sources told the media.

The mining major is likely to report provisional dry fuel production of 61.8 mn t in February as against 66.26 mn t in the corresponding month last year, a decline of 6.6%, the sources said.

On a monthly basis, the production fall was sharper in February than in January, when it reported a drop of 4.1%.

Offtake is likely to be around 51.2 mn t during the reporting month compared to 54.9 mn t in the year ago period, the sources said.

4th Indian Cement Review Conference 2021

17-18 March

Click for event info

Cumulative production of dry fuel by the mining company in the April-February period of the current fiscal is expected to be at 515 mn t as against 517 mn t in the corresponding 11 months a year earlier.

Electricity consumption in January was close to 111 billion units, with state run fuel retailers, who dominate 90% of the market share, reporting a 5% decline in sales from the previous month.

As we have reported earlier, Coal import is increasing on a year-on-year basis in India. In 2015-16, the country imported 203.95 mn t of coal, which was increased to 248.54 mn t in 2019-20, and consequent spending of around Rs 1.58 lakh crore in foreign exchange.

The central government plans to permit the sale of 50% of coal and lignite produced by captive blocks on an annual basis, a move aimed at augmenting the production and increasing the availability of dry fuel.

In the note for consultation of the ministry, it has been proposed to charge an additional amount on grant and extension of mining leases (ML) of both coal and non-coal government companies.

Image Source

Also read: Proposal to end iron ore leases of “no-output” mines

Infrastructure Energy

18 Feb 2026

Larsen & Toubro To Divest Nabha Power To Torrent Power

Larsen & Toubro Limited, hereafter L&T, has agreed to divest its entire stake in Nabha Power Limited to Torrent Power Limited, with the companies announcing the transaction. The deal will transfer ownership of the thermal power project and associated assets to Torrent Power as part of L&T's portfolio rationalisation. L&T is a US dollar 30 bn Indian multinational engaged in engineering, procurement and construction projects, hi-tech manufacturing and services across multiple geographies. The company attributes its market position to a strong customer-focused approach and sustained quality over ..

Centre Approves Road Projects Worth Over Rs110 bn

The central government has approved road projects worth over Rs110 bn across Maharashtra, Gujarat and Telangana, according to the Ministry of Road Transport and Highways. The approvals follow a cabinet committee decision and are intended to improve connectivity and reduce travel times on key corridors. The package covers multiple stretches of national highways and involves both construction and widening works. In Gujarat, the ministry approved construction of four-lane sections on the Dhamasiya-Bitada/Movi and Nasarpore-Malotha stretches at a combined capital cost of about Rs45.84 bn. The prin..

Prime Minister Inaugurates India AI Impact Expo 2026

Prime Minister Narendra Modi inaugurated the India AI Impact Expo 2026 at Bharat Mandapam in New Delhi, opening a national platform for Artificial Intelligence (AI) demonstration and dialogue. The event brought together innovators, researchers and technology enthusiasts from across the country and abroad to showcase applications and research. The inauguration underscored the government’s intent to position India as a significant contributor to global AI development. The prime minister noted in a post on X that being among innovators, researchers and tech enthusiasts offered a clear view of t..