Singareni Collieries Company Limited (SCCL) has extended the y-o-y fall in coal production for the fourth consecutive month in the current fiscal year.
Coal production for the month of Nov’19 was down 6% Y-o-Y to 5.44 MnT, but had seen an uplift of 7% on the monthly basis as compared with 5.07 MnT in Oct’19.
SCCL has planned to boost up its production in the coming four months for which a target of 20.4 MnT coal output has been set for Dec’19-Mar’20. The company also aims to attain overburden removal of 14 Lakh cubic meters in the 4-month period.
As per SCCL officials, although the total production in the first eight months of FY20 was recorded slightly higher as compared to the last fiscal, but the company had made a loss of 1.73 MnT in output during Aug-Nov’19.
In the first 8 months of FY20 (Apr-Nov’19), SCCL’s coal production had reached 41.03 MnT, up 4% Y-o-Y from 39.54 MnT noted in the year-ago period.
SCCL Coal Dispatch:
Coal dispatch had also declined in the month of Nov’19 by 12.47% Y-o-Y to 5.34 MnT, while it increased 8.75% M-o-M from 4.91 MnT in Oct’19. Total dispatch in the 8-month period of FY20 has fell 5.26% Y-o-Y to 40.77 MnT compared with 43.04 MnT in the year-ago period.
CMD of SCCL has asked the officials to boost up the dispatch and production in order to reach the desired target for FY20.
The officials have been told to ensure dispatch of 39 coal rakes on daily basis while a deadline of 2 months has been set for starting production at the new open cast mines-Koyagudem, Indram and Kakatiya to raise the coal dispatch and production levels.
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