CIL ensuring smooth supply to power plants after rain hits production
With torrential rains hitting coal production, Coal India Ltd on Wednesday said it is keeping a close watch on the current situation to ensure smooth supplies to power plants.
As on September 30, the state-owned major said coal stock at power plants stood around 17.3 million tonne, which is sufficient for 11 days.
CIL, which accounts for over 80 per cent of the domestic production, saw its output decline by six per cent to 241 MT in April-September on account of monsoon.
"CIL is gearing up to regain its production tempo and keep coal supplies to power sector going after the torrential rainfall across its subsidiaries dealt a crippling blow to the company's coal production and offtake, the company said in a statement.
Its offtake during April-September of the current fiscal was also down 5.2 per cent to 275.75 MT.
"This year the monsoon severely dented our production especially in September, inundating our mines said an official of the company.
"The company has the resilience to bounce