New Delhi (NVI): The state-run Coal India Limited (CIL) has liquidated 35 Million Tonnes (MT) of coal from its pithead stock in the first half of the current fiscal 2019-20 as part of its efforts to meet the increasing demand of the commodity, Rajya Sabha was informed today.
The pithead coal stock with CIL was 54.15 Million Tonne (MT) as on April 1, 2019 which reduced to 19.15 MT as on September 30, 2019. Thus, the coal stock liquidation was 35 MT in the first half of the financial year 2019-20, Coal Minister Pralhad Joshi said in a written reply.
The minister also informed the upper house that CIL’s coal production rose by 10.6% in the first half of FY 18-19 to 256.47 MT as against 231.88 MT produced in the corresponding period of FY 17-18.
In a reply laid on the table of the upper house the minister also informed that India’s coal production grew by 8.14% to 730.35 MT in FY 18-19 in comparison to 675.40 MT of coal produced in the county in FY 17-18.
He also informed that 319 Billion Tonnes of geological reserves of coal have been estimated in India so far as on April 1, 2018.
-sb
