+
Power sector dues to CIL increases by 4.5% to Rs 12,819 cr in April
COAL & MINING

Power sector dues to CIL increases by 4.5% to Rs 12,819 cr in April

The outstanding dues to state-run Coal India Limited (CIL) from the power sector increased by 4.5% month-on-month to Rs 12,819.41 crore in April 2022.

Outstanding dues to the coal miner decreased by 18% in March this financial year (FY) from Rs 15,037.32 crore in February 2022. This is the lowest dues for the month in the last four years.

The average price of coal production by CIL is Rs 1,310.88 per tonne. In the past several years, the lowest dues were recorded at the end of March 2019 at Rs 8,435.19 crore.

In April 2022, coal production by CIL increased 27.6% year-on-year (YoY) to 53.47 million tonnes (mt), while offtake increased 6% to 57.50 mt during the same period. Coal despatch to the power sector by the Public Sector Undertakings (PSU) miners was also higher on an annual basis by 15.5% at 49.72 mt last month.

The FY22 started with the power sector’s dues dropping by 4% to Rs 20,837.62 crore in April 2021 compared to March 2021. In the complete FY22, the power sector dues have dropped consistently.

The dues dropped from the April 2021 numbers to Rs 16,028.41 crore at the end of the first half of the fiscal year in September 2021. At the end of October 2021, the dues dropped to Rs 14,598.58 crore, after which they increased to Rs 15,243.36 crore in November 2021. Further, they dropped in December 2021 to Rs 15,088.42 crore, in January 2022 to Rs 15,097.01 crore, and also in February 2022 to Rs 15,037.32 crore.

The sales dues are constantly observed by CIL, and regular follow-ups are done with consumers for early recovery. The PSU has also created an online bill-to-bill reconciliation portal via which online reconciliation will be carried out, and dues will be monitored and realised in a better manner.

CIL is also providing bilateral meetings to resolve commercial disputes and has ordered coal firms that matter, where commercial disputes cannot be settled bilaterally, may be directed to Administrative Mechanism for Resolution of CPSE Disputes (AMRCD).

Image Source

Also read: Coal mines to expand 50% without environment impact assessment

The outstanding dues to state-run Coal India Limited (CIL) from the power sector increased by 4.5% month-on-month to Rs 12,819.41 crore in April 2022. Outstanding dues to the coal miner decreased by 18% in March this financial year (FY) from Rs 15,037.32 crore in February 2022. This is the lowest dues for the month in the last four years. The average price of coal production by CIL is Rs 1,310.88 per tonne. In the past several years, the lowest dues were recorded at the end of March 2019 at Rs 8,435.19 crore. In April 2022, coal production by CIL increased 27.6% year-on-year (YoY) to 53.47 million tonnes (mt), while offtake increased 6% to 57.50 mt during the same period. Coal despatch to the power sector by the Public Sector Undertakings (PSU) miners was also higher on an annual basis by 15.5% at 49.72 mt last month. The FY22 started with the power sector’s dues dropping by 4% to Rs 20,837.62 crore in April 2021 compared to March 2021. In the complete FY22, the power sector dues have dropped consistently. The dues dropped from the April 2021 numbers to Rs 16,028.41 crore at the end of the first half of the fiscal year in September 2021. At the end of October 2021, the dues dropped to Rs 14,598.58 crore, after which they increased to Rs 15,243.36 crore in November 2021. Further, they dropped in December 2021 to Rs 15,088.42 crore, in January 2022 to Rs 15,097.01 crore, and also in February 2022 to Rs 15,037.32 crore. The sales dues are constantly observed by CIL, and regular follow-ups are done with consumers for early recovery. The PSU has also created an online bill-to-bill reconciliation portal via which online reconciliation will be carried out, and dues will be monitored and realised in a better manner. CIL is also providing bilateral meetings to resolve commercial disputes and has ordered coal firms that matter, where commercial disputes cannot be settled bilaterally, may be directed to Administrative Mechanism for Resolution of CPSE Disputes (AMRCD). Image Source Also read: Coal mines to expand 50% without environment impact assessment

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?