CIL to miss supply target for 5th year in a row

CIL to miss supply target for 5th year in a row

Coal India, which is tasked with meeting the bulk of national coal demand, is looking at supply shortfall for five successive years even if it manages to meet production target every year, the coal ministry has estimated. This shortfall is likely to be reversed once the company achieves 1 billion tonnes in production in 2025-26.

Coal India’s production target of 660 million tonnes (mt) for the year is 168 mt short of its total supply requirement, which considers meeting the entire requirement of existing consumers. However, if additional potential demand is considered, the shortfall may touch 262 mt.

According to data compiled by the ministry, commitment to power utility is 574.88 mt this year. Supply commitment for the non-regulated sector, like sponge iron, cement and steel, is pegged at 114.86 mt. Read More

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