State-owned CIL on Monday said it is concentrating its efforts to augment its coal supplies further in a bid to touch the 670-million-tonnes offtake mark in the ongoing financial year. Almost all subsidiaries of Coal India Ltd (CIL) are ahead in their respective coal offtake numbers compared with the corresponding period last year.
CIL Chairman Pramod Agrawal mentioned the “sustained efforts and inspired performance” of CIL’s subsidiaries and has written to them “to end FY22 on a sound note scaling even more highs”.
The fiscal 2021-22 has turned out to be a high-performance year for Coal India Ltd (CIL) with a flurry of previous records bettered. The state-owned coal miner chalked out yet another high in total coal supplies at 608.15 million tonnes (MT) as of March 4, the coal company said in a statement.
CIL moved past the previous highest coal offtake of 608.14 MT achieved in FY19, nearly four weeks before the current fiscal draws to a close.
The company had pipped the 575 MT total coal despatch of FY21 on February 16 itself. Offtake ending FY20 was around 580 MT.
“CIL’s current offtake is averaging a little over 2 MT per day and is expected to go up higher as the month progresses. We are hopeful of reaching 670 MT if the demand holds,” the company said.
The state-owned firm accounts for over 80 per cent of the total domestic coal output.
