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Coal India India’s coal production raised 34% YOY to 71.3 mn tonnes in May.
Wednesday, 08 Jun 2022 18:00 pm
Welcome to Chanakya Commodities Consultants Pvt Ltd

Welcome to Chanakya Commodities Consultants Pvt Ltd

The country’s coal production registered a rise of 33.88 percent to 71.30 million tonnes (MT) in the month of May.

Coal output in the corresponding month of the previous fiscal was 53.25 MT, as per provisional data from the Ministry of Coal.

Of the top 37 coal-producing mines, 23 produced more than 100 percent while the performance of 10 mines stood between 80 and 100 percent, the ministry said.

“The overall power generation in May 2022 has been 23.32 percent higher than in April 2021 and 2.63 percent higher than the power generated in April 2022," it said.

Coal-based power generation dropped by 3.82 percent to 98,609 million units (MU) in May against 1, 02,529 MU in April 2022. However, total power generation increased to 1, 40,059 MU in May against 1, 36,465 MU in April 2022 on account of hydro and wind energy.

 A first-ever, Coal India Limited (CIL) on Wednesday floated an international competitive bidding e-tender, seeking bids for the import of 2.416 million tonnes (MTs) of coal.

The coal being sourced on behalf of the state generating companies (gencos) and independent power plants (IPPs) is based on the indents received from them for the July-September period of the current fiscal year, an official statement said.

There is a provision in the tender to accommodate a variety of above or below 30% of the bid quantity. The coal being sought is 5000 GAR (gross as received) thermal grade coal.

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