‘Coal demand-supply balance a challenge’

The head of the world’s biggest coal producer is at work to restore the demand-supply equilibrium hit hard by the pandemic. Pramod Agrawal, CMD of Coal India (CIL), is optimistic that things will return to normal next fiscal…
Is business back to normal?
Overall, business is looking up. But return to pre-Covid normalcy hinges on demand, which we’re primed to meet.
What challenges has the new normal posed?
A big challenge is retrieving the demand-supply equilibrium, which was destabilised. We had to redraft growth plans for production and supplies. Disruption in supply chains across industries set back our mining-related works and delivery schedule of equipment by a few months. While we meet obligatory expenses like wages, capex, and cost of procurement of machinery backed by astute financial planning, the increase in outstanding receivables is an unwelcome situation.
How are you dealing with your employees?