Coal India allocates more coal to power sector

Coal India dispatches more coal to the thermal power sector.

During the period between April 2017 and January 2018, corresponding to the 10 first months of the Indian fiscal year, Coal India supplied 371.8 million tons of coal to the thermal power sector, an increase of 6.8 percent year-on-year.

On that same period, the company sold 103.1 million tons of coal to the non-power sector, an increase of 8.8 percent. Meanwhile, Coal India has still failed its production target by 29.2 million tons, ending those 10 months with an output of 440 million tons.

By the end of January, the pithead coal stock of Coal India stood at 34 million tons. In the last fortnight of the month, offtake stayed consistently at 300 rakes. Since then, the daily average has eased to 226 rakes in February, still higher than 209.8 rakes per day in October last year.