Coal likely to remain in short supply until 2024, CIL tells govt

Coal is likely to remain in short supply until 2024, national miner Coal India has informed the ministry of coal in a recent note. Considering the current fuel supply agreements (FSAs) and several MoUs for coal supply, Coal India said the current year will witness a deficit of 168.45 million tonne; the next year’s shortfall will be 71.25 million tonne.

Coal India also said the deficit may widen to 262.4 million tonne in the current financial year, if the Centre brings in more schemes. And if such a scenario prevails, the deficit will be 111.27 million tonne for the next