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CILs Target for production of COAL

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Delhi
CILs Target for production of COAL

Target fixed by Coal India Limited (CIL) for coal production during 2016-17 is 598.60 million tonnes. This was stated by Shri Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy in a written reply to a question in the Lok Sabha today.

The Minister further stated that coal availability of CIL is in tune with the quantity committed for Thermal Power Plants having Fuel Supply Agreement. Supply of coal to Power Utilities from CIL sources has grown from 353.83 MT in 2013-14 to 385.40 MT in 2014-15 and further to 409.14 MT (Provisional) in 2015-16. For the year 2016-17, the target of Off-take of CIL is 598.61 Mt. Out of this, 450 Mt will be supplied to Power Sector Utilities.

During 2015-16, coal Stock of CIL has increased by 4.205 MT from 53.469 MT as on 01.04.2015 to 57.674 MT as on 01.04.2016 mainly on account of regulated lifting by power utility sector in view of their comfortable coal stock position of 38.87 MT as on 31.03.2016, which is equivalent to 27 days requirement, the Minister added.

RM/RS- USQ910 LS
 

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First Published: Apr 28 2016 | 6:20 PM IST

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