Coal India has despatched more coal in this fiscal than the whole of the previous year.
With still a month-and-a-half remaining in the fiscal. Coal India has supplied 575 million tonnes (mt) till February 16, 2022 compared with 574mt in 2020-21.
Despatches to power plants till the middle of this month were at 468.4mt, up 23 per cent compared with 381mt in the corresponding period a year ago. The public sector miner said that despite wild fluctuations, coal-based power generation till January was up 11.2 per cent over the corresponding year ago period.
With imports going down amid rising international prices, Coal India said in a statement that it had to ensure adequate supply for coal-based power generation.