Power sector’s dues to Coal India rise 10% to Rs 152. 52 bn
COAL & MINING

Power sector’s dues to Coal India rise 10% to Rs 152. 52 bn

The outstanding amount due to Coal India (CIL) from the power sector rose 10 per cent on a month-on-month basis to Rs 152.52 billion at the end of June 2022 from Rs 138.25 billion in May.

During June, CIL’s coal production rose 29 per cent year-on-year to 51.56 million tonnes, while the cumulative output for April, May and June stood at 159.75 mt, which is higher on an annual basis by 29 per cent.

With the country facing shortage of coal, largely on account of significant a decline in imports of the fuel and higher demand for electricity, the coal offtake rose 15 per cent year-on-year to 58.98 mt, whereas during April-June, the total off-take grew 10.7 per cent to 177.59 mt on an annual basis.

The despatch of coal from CIL also was higher by 26.5 per cent year-on-year at 51.09 mt last month. During April-June, the cumulative despatch of the dry fuel rose 19.2 per cent year-on-year to 152.49 mt.

The production of 622.63 mt of coal by CIL during FY22 is the highest ever. Production for FY22 represents an increase of 26.41 mt, which is 4.4 per cent growth over the previous year’s 596.22 mt.

See also:
Renewed push to run imported coal-based plants
Coal prices to remain high in the monsoon quarter: ICRA

The outstanding amount due to Coal India (CIL) from the power sector rose 10 per cent on a month-on-month basis to Rs 152.52 billion at the end of June 2022 from Rs 138.25 billion in May. During June, CIL’s coal production rose 29 per cent year-on-year to 51.56 million tonnes, while the cumulative output for April, May and June stood at 159.75 mt, which is higher on an annual basis by 29 per cent. With the country facing shortage of coal, largely on account of significant a decline in imports of the fuel and higher demand for electricity, the coal offtake rose 15 per cent year-on-year to 58.98 mt, whereas during April-June, the total off-take grew 10.7 per cent to 177.59 mt on an annual basis. The despatch of coal from CIL also was higher by 26.5 per cent year-on-year at 51.09 mt last month. During April-June, the cumulative despatch of the dry fuel rose 19.2 per cent year-on-year to 152.49 mt. The production of 622.63 mt of coal by CIL during FY22 is the highest ever. Production for FY22 represents an increase of 26.41 mt, which is 4.4 per cent growth over the previous year’s 596.22 mt. See also: Renewed push to run imported coal-based plants Coal prices to remain high in the monsoon quarter: ICRA

Next Story
Infrastructure Transport

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

Next Story
Infrastructure Urban

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

Next Story
Technology

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?