Coal India to clear backlog
Coal India hopes to clear its supply backlog to some sectors by March, with power plants stocked adequately with the fuel.
The public sector miner in 2017-18 and 2018-19 had diverted coal from the non-regulated sectors such as aluminium, iron and steel and cement to meet the demand of the power plants, creating a backlog.
According to Coal India officials, the arrears to the non-power sector at the start of 2019-20 was around 5,143 rakes. “It has been brought down to 1,116 and we are hopeful of clearing the rest by the end of the current fiscal,” a Coal India official said. A rake can carry around 3,800 tonnes of coal. Coal India has stepped up production after the monsoon season and has increased the supply to the power sector.
