CIL to meet power unit target
Kolkata: Coal India (CIL), the state-owned coal mining behemoth, is confident of meeting the enhanced coal supply target of 610 million tonne (MT) to power sector in 2023-24. The target is 20 MT more than the initially projected 590 MT requirement of the power sector.
The Maharatna company has stated that it is optimistic of supplying 156 million tonne (MT) of coal to power sector during April-June’23 quarter amid concerns over spike in coal demand. It would be 25.6% of the enhanced annual dispatch target of 610 MT slated for this sector in 2023-24.
It has pointed out that factors in favour of the company are a strong 68 MT coal stock build-up expected at pitheads by 2022-23 end, which as of March 13, 2023 was at 57.3 MT.
