India: CIL eyes to supply of 156 mnt of coal to power sector in Q1FY24

Coal India Limited (CIL) has planned to supply 156 mnt of coal to the power sector during the Apr-Jun’23 quarter amid concerns over a spike in demand during the peak summer season. Driven by rapid economic growth, domestic coal demand from this sector is expected to rise 12% y-o-y to 821 mnt in FY24. CIL targets to supply nearly 75% of total demand.


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