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Coal India aims to ensure power at fair price amid West Asia crisis (Soban News)

State-owned Coal India Ltd aims to ensure power at a “just price” to the country amid the escalating West Asia crisis that endangers global shipping lanes and imported coal costs, a senior official of the company said.
Coal India Ltd (CIL) contributes to 80 per cent of total domestic coal production and 75 per cent of total coal-based generation.
CIL contributes to 55 per cent of total power generation and meets 40 per cent of the primary commercial energy requirements of the country.
“As a low-cost coal producer, CIL aims to ensure power at a just price to the country,” the official said, adding that the country has adequate coal sufficiency to meet the anticipated spike in summer demand, with Coal India maintaining robust stockpiles at pitheads and power plants.
CIL’s pitheads have an inventory of 122 million tonnes (MT) of coal, while domestic coal-based plants are stocked to the tune of 53 MT, officials said.
In-situ coal exposure at CIL’s mines stands at around 60 MT, ready f​State-owned Coal India Ltd aims to ensure power at a “just price” to the country amid the escalating West Asia crisis that endangers global shipping lanes and imported coal costs, a senior official of the company said.
Coal India Ltd (CIL) contributes to 80 per cent of total domestic coal production and 75 per cent of total coal-based generation.
CIL contributes to 55 per cent of total power generation and meets 40 per cent of the primary commercial energy requirements of the country.
“As a low-cost coal producer, CIL aims to ensure power at a just price to the country,” the official said, adding that the country has adequate coal sufficiency to meet the anticipated spike in summer demand, with Coal India maintaining robust stockpiles at pitheads and power plants.
CIL’s pitheads have an inventory of 122 million tonnes (MT) of coal, while domestic coal-based plants are stocked to the tune of 53 MT, officials said.
In-situ coal exposure at CIL’s mines stands at around 60 MT, ready f ​Latest News [ SOBAN NEWS: International and National ]

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