Coal India Ltd (CIL) has reported a coal production of 44.88 MnT during the month of Jun’18; 5% lower than the previous months’ total of 47.14 MnT.
During Jun’18, the coal miner had only achieved 85% of the set target of 52.798 MnT, yet the monthly output was 13% higher on the year compared with 39.66 MnT in Jun’17.
Amongst the 8 subsidiaries of CIL, SECL was the largest coal producer in Jun’18. However, only MCL had recorded a monthly increase in coal production in Jun’18. MCL coal production stood 11.36 MnT in Jun’18, up 10% M-o-M from 10.37 MnT in May’18.
NCL was the only subsidiary to have achieved its monthly production target during the month. NCL coal production was 8.19 MnT against the set target of 8.04 MnT in Jun’18.
In spite of the monthly decline, CIL’s coal production have totaled 136.86 MnT during the first quarter of FY19 (Apr’18-Jun’18), with an increase of 15% Y-o-Y compared with the output of 118.82 MnT recorded in Apr’17-Jun’17.
SECL had produced the highest coal quantity during the said period, also achieving its set target in the process. SECL’s coal production stood 39.95 MnT in Apr’18-Jun’18 against the set target of 39.89 MnT.
CIL’s Coal Dispatch in Jun’18:
CIL had also recorded a monthly decline in coal dispatch in Jun’18. CIL’s dispatch of 49.59 MnT in Jun’18 was 6% lower on the month compared with 45.67 MnT in May’18, but was 9% higher on the year than the level attained in Jun’17.
During the first quarter of FY19, CIL’s coal dispatch has increased 12% Y-o-Y to 153.43 MnT, compared with the corresponding total of 137.37 MnT attained in Apr’17-Jun’18. It implies that the miner has dispatched 16.56 MnT more coal than the corresponding production during the first quarter of FY19.
The decline in coal stocks at the power plants had caused CIL to increase its coal supplies for the power sector, thereby achieving higher coal dispatches.
As a result of the concerted efforts, the coal stocks at the thermal power plants (having coal linkage) have improved to 15.43 MnT as on 30 Jun’18, sufficient for 10 days of power generation. The stock levels have gone up 4.12% M-o-M from 14.819 MnT recorded at the end of May’18, when the plants had stocks sufficient for 9 days of power generation only.
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