Coal sector faces challenging H2 as imports fall, global prices spike: CIL
State-owned CIL on Friday said the second half of the current fiscal year has remained tough for the country’s coal sector with decrease in coal imports and tripling of international coal prices.
Beside, the prolonged monsoon in the coal-bearing areas made the situation more challenging.
Facing this situation, Coal India Ltd (CIL) with meticulous planning rose to the occasion and fulfilled the demand of additional coal for thermal power plants, the PSU said in a statement.
CIL supplied around 20 million tonne of additional coal due to curtailed import of coal.
