Power sector sees coal supply from CIL rising to 420MT in FY17


Power sector sees coal supply from CIL rising to 420MT in FY17

The supply of coal by state-owned Coal India to power sector increased by 1.3 per cent to 420.2 million tonnes (MT) in 2016-17.

The increase in supply comes at a time when demand of coal by the power sector has picked up on back of economy doing well.

Coal India Ltd (CIL) which accounts for over 80 per cent of the domestic coal production had dispatched 414.7 MT of fuel in FY 2015-16, according to latest government data.

However, in March, the dispatch of coal by CIL declined by around seven per cent to 34.6 MT from 37.1 MT in March 2016, the data said. Read More…

 

Credit By : Money Control

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