State-owned Coal India Ltd (CIL) aims to increase the allocation of coal to power plants by nearly 9 per cent to around 530 million tonne (mt) during 2019-2020.
Coal supply by CIL to power sector was 488 mt during 2018-19 almost 7.5 per cent higher than the 454 mt registered during 2017-18.
Supply share
During 2018-19, CIL’s share of despatch to power sector increased to 80 per cent from 78 per cent during the previous two years.
“Boosting despatch to power sector remained the focal area of CIL throughout 2018-19, as a result of which coal stocks with the power plants had increased from the low of 9.424 mt (equivalent to 6 days consumption level) to 30.947 mt (equivalent to 18 days consumption level) at the close of March 31, 2019,” said a press statement issued by CIL.