According to the data provided by Coal Ministry, Coal India Ltd (CIL) has reported a growth of 3% Y-o-Y in coal supplies to the power plants during Jan’18. The company had dispatched 40.6 MnT coal to the power stations in Jan’18, against 39.6 MnT in Jan’17.
In order to pull out power plants out of the critical situation, CIL was increasing the coal supplies to the power plants and had posted regular growth on the monthly basis. However, CIL’s dispatch to the power plants had witnessed a fall of 4% M-o-M in Jan’18, from the dispatch of 42.1 MnT coal reported in Dec’17.
Still, on the back of enhanced coal supplies to the power plants, CIL has revived the available coal stock at the power stations. Coal stocks at the power stations recorded at 15.587 MnT as on 26 Feb’18, was gauged at significantly higher levels as compared to 8.5 MnT on 30 Sep’17.
CIL had managed total dispatch of 372.6 MnT coal to the power plants during Apr’17-Jan’18, which was 7% higher on the year compared with the dispatch of 347.5 MnT coal during Apr’16-Jan’17 period.
The Coal Ministry report has also highlighted that the outstanding dues payable by power sector to CIL was INR 9815.50 Crore, till Jan’18. Out of the total amount, the sum of INR 8305.69 was accounted for undisputed dues.
SCCL Coal Dispatch to Power Plants:
Singareni Collieries Company Ltd (SCCL) following in the footsteps of CIL has also recorded growth in coal supply to the power plants.
SCCL’s coal dispatch to the power stations had increased 5.6% Y-o-Y to 43.74 MnT during Apr’17-Jan’18 period. The company had supplied 41.43 MnT coal to the power plants in Apr’16-Jan’17.
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