Coal India logs improvement in quality coal supplies

Coal India’s (CIL) underpinning for better quality coal supplies reflected a positive jump in the third party sample analysis as the grade conformity during Apr-Feb’21 improved to 65 per cent from 59 per cent compared to the same period last year.

Grade slippage during the third quarter of FY’21was down to 34 per cent compared to 41 per cent the same period year ago. During the first two months of the current fiscal’s fourth quarter, Jan’21 to Feb’r21, grade slippages declined further to 23per cent compared to 42 per cent of last year’s same period.

The notion that customers are billed for higher grade coal than one actually supplied is misconceived. CIL initially bills customers based on the declared grade of coal supplied.