Coal India has registered a 10.6% increase in coal output at 115 million tonnes for the July-September period, on the back of record growth in production and off-take in the month of September. The coal production grew at 31.6% and off-take at 31.7%, highest ever in any September. Coal India had produced 104 million tonnes coal in Q2 last year and supplied 134.4 million tonnes of coal in the period, compared to 122.4 million tonnes in the corresponding period last year, registering a growth close to 10%.
Supplies to coal-fired power utilities during Q2 at 103.2 million tonnes logged a growth of around 3%. CIL supplied 100.67 million tonnes during the same quarter last fiscal. Average rake loading during the quarter at 224.6 rakes per day registered a growth of 23.6% compared to 182 rakes loaded in the same quarter last year. Loading to the power sector at 189.7 rakes per day in Q2 clocked a growth of 16% over last year’s Q2.
“Despite Covid related challenges and inclement monsoon our production increased by 11 MTs and off-take by 12 MTs during the second quarter of the present fiscal” said a senior official of the company.
Coal production at 40.51 million tonnes in September was 9.73 million tonnes more when compared to 30.78 million in the same period last year, the company’s official statement said adding its subsidiary Mahanadi Coalfields Ltd (MCL) registered 68.5% growth y-o-y, followed by Central Coalfields Ltd (CCL) 47.4% and Western Coalfields Ltd (WCL) 43.7%.
Coal India’s coal off-take increased by 11.2 million tonnes during September to 46.46 million tonnes against 35.28 million tonnes in the same month a year ago. MCL registered the highest growth in off-take among the subsidiaries with 63% followed by WCL 60.2% and CCL 31.5%.
Supplies to the non-power sector logged a growth of 65% during September at 10.04 million tonnes compared to 6.08 million tonnes in corresponding month previous year. Coal despatch of 36.42 million tonnes to the power sector during the month witnessed a growth of 24.7% compared to 29.20 million tonnes as of September 2019.
The company on an average loaded 241.2 rakes per day in September against 162.2 rakes in the same month last year recording an increase of 79 rakes per day with a growth of around 49%. Loading to the non-power sector doubled to 31 rakes per day during the month compared to 15.4 rakes of last year’s September. Loading to the power sector bagged a growth of nearly 43% at 210 rakes per day against 147 rakes for the comparable period.