CIL records coal off-take to 55 mt in May
COAL & MINING

CIL records coal off-take to 55 mt in May

Coal India Ltd (CIL) saw a rise in coal off-take to 55 million tonne (mt) for May, owing to a revival in demand from the power sector. Due to the Covid-19 lockdown, coal offtake was around 40 mt in FY20.

However, the company's off-take in May is 6% more than 52 mt recorded in May 2019 during the pre-Covid period. CIL's supply to the power sector, at 44 mt in May, was up 41% from the same period last year, indicating a healthy recovery in coal demand.

Stocks at thermal power plants fell by 5 mt in April from 28.9 mt at the end of FY20, owing to increased activity and higher coal consumption. However, increased supplies by CIL in May resulted in the coal stock at coal-fired plants being restored to 29 mt. The company planned to increase its supplies in the coming months.

The total coal off-take of CIL for April-May was 109.2 mt, up 38% from 79 mt in the same period last year. Similarly, a 38% rise was noted in the supply to power sector, one of the largest consumers of coal.

During the first two months of FY21, CIL supplied 86.3 mt of coal to power, compared to 62.7 mt during FY20.

During April and May, CIL liquidated 25 metric tonnes of coal from its inventory. The company started FY22 with close to 100 mt of stock at its pitheads, but by the end of May, it had reduced it to 74.3 mt.

In May, coal production increased by around 2% to 42.1 mt, compared to 41.4 mt in the same month the previous year. Production increased by around 3% in April-May, reaching 84 mt (81.8 mt).

With a growth rate of 17%, it is the second-highest in terms of overburden removal.

Image Source


Also read: CIL notes 28% decline in coal allocation held via e-auction in April

Also read: Coal India’s fuel allocation via spot e-auction surges 43% in FY21

Coal India Ltd (CIL) saw a rise in coal off-take to 55 million tonne (mt) for May, owing to a revival in demand from the power sector. Due to the Covid-19 lockdown, coal offtake was around 40 mt in FY20. However, the company's off-take in May is 6% more than 52 mt recorded in May 2019 during the pre-Covid period. CIL's supply to the power sector, at 44 mt in May, was up 41% from the same period last year, indicating a healthy recovery in coal demand. Stocks at thermal power plants fell by 5 mt in April from 28.9 mt at the end of FY20, owing to increased activity and higher coal consumption. However, increased supplies by CIL in May resulted in the coal stock at coal-fired plants being restored to 29 mt. The company planned to increase its supplies in the coming months. The total coal off-take of CIL for April-May was 109.2 mt, up 38% from 79 mt in the same period last year. Similarly, a 38% rise was noted in the supply to power sector, one of the largest consumers of coal. During the first two months of FY21, CIL supplied 86.3 mt of coal to power, compared to 62.7 mt during FY20. During April and May, CIL liquidated 25 metric tonnes of coal from its inventory. The company started FY22 with close to 100 mt of stock at its pitheads, but by the end of May, it had reduced it to 74.3 mt. In May, coal production increased by around 2% to 42.1 mt, compared to 41.4 mt in the same month the previous year. Production increased by around 3% in April-May, reaching 84 mt (81.8 mt). With a growth rate of 17%, it is the second-highest in terms of overburden removal. Image Source Also read: CIL notes 28% decline in coal allocation held via e-auction in April Also read: Coal India’s fuel allocation via spot e-auction surges 43% in FY21

Next Story
Infrastructure Energy

Samridh, CEID Launch High-Capacity Biogas Plant in Moradabad

Samridh Bioenergy has broken ground on a 12 TPD compressed biogas (CBG) plant in Moradabad, Uttar Pradesh, under the MNRE’s National Bioenergy Programme. Spread across 12 acres, the plant will process 270 tonne of organic waste daily and generate 30,000 cubic metre of biogas per day.CEID Consultants and Engineering Pvt Ltd has been appointed as the EPC contractor, responsible for the complete design, procurement, and construction of the plant. Equipped with four multi-feed digesters, the facility will accept a mix of press mud, cow dung, chicken litter, and vegetable waste, supporting contin..

Next Story
Real Estate

Delhi Micro-Markets Drive Up Housing Prices: Grihum Study

A new study by Grihum Housing Finance reveals that the rise of micro-markets across Delhi-NCR is fuelling real estate price appreciation, especially in the affordable housing segment. Key drivers include renewed post-pandemic interest, migration trends, and government schemes like PMAY.According to the study, over the past two decades, floor rates have risen 267 per cent, from Rs 1,500 per sq ft in 2005 to Rs 5,500 in 2024. In the same period, land rates surged 492 per cent, from Rs 1,300 to Rs 7,700 per sq ft. The sharp increase highlights strong capital appreciation in Delhi’s emerging loc..

Next Story
Resources

Covestro Develops PCR Polycarbonates from End-of-Life Headlamps

Materials manufacturer Covestro has launched post-consumer recycled (PCR) polycarbonates made from end-of-life automotive headlamps, in a move aimed at strengthening circularity in the auto industry. These TÜV Rheinland-certified grades, containing 50 per cent recycled content, are now commercially available for new automotive applications.Developed under a joint programme led by GIZ, with Volkswagen and NIO as key partners, the recycled material is currently being validated for use in future vehicle models.""This new line of polycarbonate represents a significant step in supporting the autom..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?