India: Coal production tops 430 million tonne till November this fiscal
The production of raw coal during April 2018 to November 2018 stood at 433.896 million tonne (mt) compared to 394.910 mt during the corresponding period of 2017, according to the Ministry of Coal. The overall growth in Coal production during the period stood at 9.8 per cent.
The statement also said that production of Coal India Limited (CIL) during the period was at 358.322 mt and offtake was at 392.091 mt.
During the financial year 2017-2018, CIL has approved five opencast projects having an annual total capacity of 24.85 mt and sanctioned capital of ₹ 4264.90 crore.
“In order to address the issue of evacuation of coal from three potential coalfields, Government of India has taken up implementation of Three Railway Projects in Jharkhand, Odisha and Chhattisgarh,” the Coal Ministry said.
Despite the higher production, the stock position of Power Houses having critical and super critical stock for the year has worsened. As of November end, thermal power plants with critical or super critical levels of coal had trimmed down stocks at 8 days or 12.94 mt.
Source: The Hindu Business Line