Coal India Liquidates 35 Mt of Coal from its Pithead Stock in the First Half of FY 19-20 #CoalIndiaLiquidates #Sukumarbalakrishnan

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, the Coal Minister Shri Pralhad Joshi informed parliament on Monday.

"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 Shri Pralhad Joshi said in a reply to the Rajya Sabha.

The minister also informed the upper house that CIL's coal production rose by 10.6 per cent 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 8.14per cent to 730.35 MT in FY 18-19 in comparison to 675.40 MT of coal produced in the county in FY 17-18.

In another reply to the Rajya Sabha, the Minister informed that 319 Billion Tonnes of geological reserves of coal have been estimated in India so far as on April 1, 2018.