State-owned CIL on Friday said the current coal stock of 43 million tonnes (MT) at its pithead is likely to increase further by the end of the current financial year and this will help the company gear up for meeting the coal demand of summer which is on the advent. Coal India Ltd (CIL) accounts for over 80 per cent of the overall domestic coal output.
“The current coal stock of 43 MT at CIL’s pitheads is expected to increase further by FY22-end,” the state-owned company said in a statement. The fuel supply by CIL to the power sector peaked to a historic high of 493 million tonnes (MT) as on Thursday in the ongoing fiscal, breaching the previous high of 491.5 MT that the Maharatna coal miner recorded in FY19.
