Singareni Collieries Company Ltd, the Indian coal miner operating in Telangana, has reported identical production figures from the previous month, as it extended its fall on the Y-o-Y basis for the sixth consecutive month during Jan’20.
SCCL’s coal production was marked 5.72 MnT in Dec’19, noted 9% lower on the year from 6.29 MnT in Jan’19. Apparently, the modest growth in output from opencast mines was offset by the decline in production recorded from the underground coal projects on the monthly basis.
Production from open cast projects increased from 4.94 MnT in Dec’19 to 4.97 MnT in Jan’20, whereas output from UG projects fell 3% M-o-M to 0.75 MnT during the month.
Kothagudem area registered highest coal production in Jan’20, with output of 1.25 MnT during the month. However, out of the 11 mining areas of SCCL, only Ramagundam-II, Ramagundam-III and Belampalli had managed to post a rise in coal production on the monthly basis.
During the first 10 months of FY20 (Apr-Jan’20), SCCL’s production has reached 52.47 MnT as against 51.87 MnT noted in the year-ago period.
SCCL’s Coal Dispatch
Coal dispatch during Jan’20 witnessed a modest growth to 5.62 MnT from 5.58 MnT registered in Dec’19, on account of higher coal movement via road mode of transportation.
Despite the monthly increase, the dispatch volume was noted 11% lower on the year from 6.32 MnT in Jan’19. The hefty decline could be attributed to the lower rake allotment for coal transportation, whose average count was down 17% Y-o-Y to 33.39 rakes/day in Jan’20.
In line with the series of Y-o-Y fall in coal supplies seen for the past 7 months, SCCL’s total dispatch has decreased 6% Y-o-Y to 51.97 MnT during Apr’19-Jan’20. The company had set a target of 55.28 MnT coal dispatch in the 10 month period.
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