KOLKATA: Coal IndiaNSE 0.85 % hopes to clear its entire supply backlog for the non-power sector, estimated at 20.5 million tonnes, by March this year. It is also hoping to increase fuel stocks at power plants to the prescribed level of 22 days, estimated at 36 million tonnes, by the end of January.
“Rising production at almost all coal mines made this possible,” a Coal India executive said. “Till December 2019, Coal India subsidiaries managed to clear almost 75% of the arrear quantity for the non-power sector including steel, sponge iron, cement, captive power plant, aluminium, and micro, small & medium enterprise consumers.”
