Coal India expects its supplies to catch up with last year by November

Coal India expects its supplies to catch up with last year by November. Over the seven months of April and October 2020, supplies at 305.7 million tonnes (mt) have been less than the corresponding seven months a year ago by 3.4 per cent. Supplies between April and October 2019 stood at 316.3mt.

Buoyed by an uptick in demand from power plants, Coal India officials on Sunday said they have arrested the decline in supplies by as much by half in October. The decline in supplies has fallen from 7.6 per cent between April and September to 3.4 per cent between April and October.