In the last few months, the supply of coal to power sector has been rising, claims Coal India (CIL). It says the perceÂntage materialisation of coal supply to the power stations against the commitment as per fuel supply agreements or memorandum of understandings in the months of October, November and December (up to 20) have been 88 percent, 96 percent and 103 percent, respectively.
It is also noted that the percentage growth in the power generation compared to the same period previous year till November has been 8.8 percent, the firm said in a statement. This comes after about four million tonne of e-auction coal for the month of October was diverted following a sharp fall in the off-take to the power sector during the August and September.During the
financial year 2010-11, out of Rs 50,233.59 crore from net sales, e-auction revenues was around Rs 8,810 crore.
The reasons for the fall in production included excessive rainfall in August and September, varying from 1.5 to 3 times compared to the same period last year, followed by the festive season. Apart from this, the Telangana agitation which affected the Singareni Coalfields supply in Andhra Pradesh too added to the woes.
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