Coal India records 30 MT rise in off-take during April-November

Overall, CIL recorded 8.8 per cent growth in production at 321.38 MT during April-November 2015-16 while the off-take jumped by 9.8 per cent.

Coal India Ltd. (CIL) recorded an increase of 30 million tonnes (MT) in its off-take during April-November this year as against 12 MT during the same period last year.

Overall, CIL recorded 8.8 per cent growth in production at 321.38 MT during April-November 2015-16 while the off-take jumped by 9.8 per cent.

CIL started FY16 with 5 million tonnes of additional inventory at 53.47 MT. As on November 30, the inventory stands similar to last year at 33.84 MT. This includes nearly 2 MT of stock added in November.

The increased supply has led to a 21-day fuel inventory at thermal power stations, reports a business daily.

This is nearly three times higher than last year. Only one utility has reported critical fuel stock this year as against 50 in 2014.

"After steadying the growth in the twin performance parameters of production and off-take, our aim is to supply quality coal to our consumers. Sizing, washing and grade matching our coal supply are primary tasks before us," according to one official