With torrential rains hitting coal production, Coal India Ltd. on Wednesday said it is keeping a close watch on the current situation to ensure supplies to power plants. As on Sept. 30, the state-owned major said coal stock at power plants stood around 17.3 million tonne, which is sufficient for 11 days.
Coal India, which accounts for over 80 percent of the domestic production, saw its output dedecline by 6 percent to 241 MT in April-September on account of monsoon. “Coal India is gearing up to regain its production tempo and keep coal supplies to power sector going after the torrential rainfall across its subsidiaries dealt a crippling blow to the company’s coal production and offtake,” the company said in a statement. Read More
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