South Eastern Coalfield Ltd (SECL), the largest coal producing company of CIL, has elevated coal output from its mines as it gears up to regain production tempo after the dismal performance witnessed in Sep’19.
It is pertinent to note that SECL’s coal production has been affected by monsoon this year. During Sep’19, a non-perennial, seasonal river Lilagarh breached its embankment and flooded the lower benches of Dipka opencast mine of SECL.
However, after a dismal run of form, SECL has stepped up the output rate, by recording a progressive increase in monthly coal production.
Continuing the revival, the company has reported that it had crossed 500,000 MT single day coal production for consecutive 8 days in a row, to meet the shortfall. SECL’s production was marked 535,611 MT as on 19 Jan’20.
The valiant performance had garnered coal output in excess of 4 MnT in the period, which also helped SECL to cross the 100 MnT production mark for FY20 in the process. (SECL has not cited year-to-date production figures in its report).
The company had notified that it had attained 95.17 MnT coal production in the first 9 months of FY20 (Apr-Dec’19), which was down 14% Y-o-Y from 110.75 MnT noted in the year-ago period.
Conditions for coal mining in India are improved with the dwindling of monsoon rains, particularly during the final quarter of fiscal year (Jan-Mar).
Incidentally, SECL had attained its best-ever single day production mark last fiscal, wherein output of 744,654 MT was recorded on 25 Mar’19. It is possible that the company would continue to raise its output in order to surpass this feat and reduce the deficit in coal production.
As a consequence of higher coal availability due to elevated production, SECL has raised the quantity offered for the upcoming spot e-auction, wherein 2 MnT coal have been put forward for sale in the auction to be held on 24 Jan’20.
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