CIL’s coal supply to power rises to 420MT in FY17
State-owned Coal India’s supply of coal to the power sector in 2016-17 jumped by 1.3% to 420.2 million tonnes (MT).
The coal sector is reaping the benefits of the economic boom that the country is witnessing presently, believe experts.
According to the latest government data, Coal India Ltd (CIL) had dispatched 414.7 MT of fuel in FY 2015-16, the company accounts for over 80% of the domestic coal production.
However, according to the data, the dispatch of coal by CIL declined by nearly 7% to 34.6 MT in March 2017 from 37.1 MT in March 2016.
In 2016-17 the overall dispatch of coal by the PSU increased by 1.6% to 543.2 MT as compared to 534.5 MT in the preceding fiscal.
The demand of coal by the power sector has picked up since December as the economy was doing well, said the Coal Secretary Susheel Kumar.