Supply of coal to the power sector by state-owned Coal India increased 3.4 per cent to 294.8 million tonnes in the first six months of the current fiscal even as the demand for electricity touched record highs in the past two months, the maharatna firm said on Monday.
The total amount of coal supplied was 1.8 MT more than the 293 MT demand projected for this period, Coal India Ltd (CIL) said in a statement. "Compared to the high base of same period last fiscal, the volume increase was 9.7 MT, or 3.4 per cent. This could have been higher if the logistics were eased out and intake not regulated by few consumers," CIL said in a statement.
"We were given a supply target of 610 MT to the power sector for FY24. This is about 4 per cent higher than the record 586.6 MT supplied in FY23.