Coal India production jumps 8.8% to 321-mt in Apr-Nov

Kolkata: Coal India's production jumped 8.8 percent to 321.38 mt during April-November period of the current fiscal, while off-take soared by 9.8 percent.

Coal India (CIL) produced 295.40 million tonnes during the same period last year, a company official said.

The impetus by the country's largest coal producer on off-take also yielded result as the volume growth during the period was at 30.44 million tonnes.

Coal off-take was 341.13 mt during the said period as compared to 310.70 mt in the same period of 2014-15, a growth of 9.8 percent.

Production during the month of November was 47.47 mt, up 6.79 percent over the corresponding month of 2014-15. While, offtake jumped to 45.33 million tonne, a growth of 9 per cent over November, last year.

"After steadying the growth in the twin performance parameters of production and off-take, our aim is to supply quality coal to our consumers. Sizing, washing and grade matching our coal supply are primary tasks before us," the official said.

Coal stock inventory at coal fired power utilities in the country is also at comfortable levels. As of November, there is not a single power utility in the country at super critical level and only one at critical level, with coal stocks at thermal power stations at a comfortable level of about 27 mt which is 21 days of stock.

The average coal stock during the comparative period of last year was 7 days with 50 power utilities at critical level of which 30 were in super critical stock level.