Coal India Limited (CIL) on Monday reported a nearly 16 % rise in the demand for coal for power supply in the month of April 2022. The information suggests that a 15.6 % rise is witnessed to the 49.7 million tonnes last month. This statement by the CIL floats at a time when the entire country is struggling to regulate the demand for coal for power supply.
“With the intense demand for coal continuing unabated driven by an upward spiral in the electricity generation, CIL pushed up its supplies to power plants of the country to 49.7 million tonnes in April ’22. This is 6.7 million tonnes more supply compared to April ’21 when the power sector’s dispatch was 43 million tonnes,” the firm said in its statement.
Coal India is one of the leading suppliers of Coal, accounting for nearly 80 percent of the coal output. “To keep up with the increased appetite for coal, CIL accelerated its production to 53.5 million tonnes, logging a strong 27.6 percent growth,” the company said. It further added, “Coal output of April ’22 was the highest ever for the month, so far, eclipsing the previous peak of 45.3 million tonnes achieved in April ’19.”