Coal Indian expected to supply 33 million tonnes of coal to non-power customers in FY 23

24 Mar 2023 , 12:21 PM

Coal India Limited (CIL) is increasing its coal supplies and is expected to achieve a growth of 16.6% y-o-y in coal dispatch to non-regulated sector (NRS) customers in the fourth quarter of the current fiscal year, as compared to the previous quarter.

In the fourth quarter of the fiscal year 2022-2023, CIL has been dispatching an average of 3.67 lakh tonnes of coal per day to its non-regulated sector (NRS) customers. 

It is expected that by the end of the quarter, CIL will have supplied 33 million tonnes of coal to this sector, indicating a 16.6% increase of 4.7 million tonnes compared to the third quarter supply of 28.3 million tonnes.

It is anticipated that the coal supplies to non-regulated sector (NRS) during January-March 2023 will reach 33 million tonnes, which is 3.1 million tonnes more than the corresponding quarter of the previous fiscal year, representing a double-digit growth of 10.4%. 

In the final quarter of FY22, Coal India Limited supplied 29.9 million tonnes to the non-regulated sector.

The increased supplies to NRS beginning in the first quarter of 23 were fuelled by the accumulation of coal inventory at CIL’s pitheads. Despite higher supplies to power utilities, the current month’s coal stock increase at CIL’s end has been 6 lakh tonnes per day.

CIL’s pithead stock, which was 32 million tonnes at the end of the third quarter in December 2022, has now increased to a comfortable buffer of 63.8 million tonnes as of March 23, 2023, effectively doubling in size. It is expected that CIL’s stocks will reach 68 million tonnes by the end of the fiscal year.

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