Coal India supplies 98 pc of fuel committed up to July

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SME Times News Bureau | 13 Aug, 2013
Coal India (CIL) has fulfilled 98 percent of its fuel commitments up to July for the current year and up to 99 percent in 2012-13 as against the Annual Plan target, the coal ministry said Monday.

Minister of State for Coal Pratik PrakashBapu Patil said in a written reply that for 2013-14, CIL had supplied 153.47 million tonnes of coal, which was 98 percent of the Annual Plan target of 156.86 million tonnes.

Similarly the provisional figures for 2012-13 showed that CIL had supplied 465.19 million tonnes, which was 99 percent of the annual target.

The demand of coal in the country has been assessed as 769.69 million tonnes in the draft Annual Plan for 2013-14, the ministry said. Against this demand, supply from indigenous sources has been planned to be 614.55 million tonnes with a demand-supply gap of 155.04 million tonnes, which is envisaged to be met through imports.

The government had directed CIL last month to commit a minimum supply of 80 percent of coal required by power plants while signing fresh fuel supply agreements (FSAs) for 78,000 MW capacity that may be commissioned between April 2009 to March 2015.

During the remaining four years of the current 12th Five-Year Plan, Coal India has to supply 65-75 percent coal from domestic sources while the balance requirement can be met with imports.