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Posted on Feb 25, 03:13PM | IBNS
New Delhi, Feb 25 : The government on Monday said its measures to boost coal production and supply have shown a positive impact during the first 10 months of the current financial year.
"Overall performance of the Coal Sector in India during the said duration has improved significantly. CIL, SCCL and NLC have registered positive growth," said a government release.
During the period, state-run miner Coal India Ltd (CIL) has registered a growth of 8% in supply and 5.8 % in coal production over the corresponding period of the previous year.
During these 10 months 380 million tonnes of coal was supplied by CIL, whereas last year it was 351 million tonnes. Similarly, coal production during the period increased to 355.31 million tonnes from 335.89 million tonnes of the corresponding period of previous financial year.
During January 2013, CIL produced 46.42 million tonnes of Coal as compared to 44.6 million tonnes in January 2012, marking thereby a growth of about 4%.
It is pertinent to mention that coal supplies to NTPC, the single largest power generator in the country, has been 107.5 MTs against a target of 102.5 MTs (105% achievement) with a growth rate of 16.4% over the same period last year.
The average daily rake loading in Jan. 2013 by CIL was 210 rakes as against 185 rakes in Jan. 2012.
Growth Rate %
Coal Production 5.80
Coal Offtake 8.01
Dispatch to power sector 10.83
Dispatch to NTPC 16.36
CIL said it is fully geared up to meet its annual target of 470 million tonnes of coal supplies (8.5% annual growth) including 347 million tonnes (11.2% growth) to the Power Sector during the current financial year. This will be highest ever annual growth achieved by CIL in its history.
The Singareni Collieries Company Ltd (SCCL) produced 42.64 million tonnes of coal during April 2012 to January 2013, whereas last year it produced 41.03 million tonnes , there by registering a growth of 3.9 % over last year.
The Neyveli Lignite Corporation (NLC) produced 20.92 million tonnes of Lignite in current financial year, till January ,as compared to 19.7 million tonnes of corresponding period of previous year, marking a growth of 6.15%.
The company produced 2.4 million tonnes of Lignite in January 2013 compared to 2.22 million tonnes during January 2012, marking a growth of 8.3% on a year on year basis.