Coal India Limited's demand-supply mismatch that fails to end

The company produced 602.14 million tonnes of coal during the last fiscal

Mining registered growth amid slowdown at the end of the last financial year.
 

Unlike the industrial and manufacturing sectors, there was 4 per cent growth in coal mining in March 2020 over the same month in the previous year.  Coal India Ltd (CIL) registered 9.9 per cent production growth during the last quarter of 2019-20.
 

The company produced 602.14 million tonnes of the mineral last financial year. However, the surplus coal has come when electricity generation has registered a record low, with little demand from the company’s largest customers.
 

The company said thermal units were flush with coal stocks sufficient