Coal India Ltd.'s coal dispatch under e-auction to non-power sector soared 203% from 2.2 million tonnes a year ago to 6.66 million tonnes during April-June, the first quarter of fiscal year 2021, according to latest government data, as part of the country's effort to boost domestic coal consumption.
Its coal supply to the sector in June stood at 560,000 tonnes, which, however, were still lower than 1 million tonnes from a year ago, data showed.
During the whole fiscal year of 2019-20, the coal major supplied a total 8.03 million tonnes of coal under e-auction, 29.31% lower compared with 11.36 million tonnes in the preceding year.
Coal output from CIL accounts for more than 80% of the country's total, and is mainly sold to power sector, which showed weaker digestion for coal this year during the outbreak of COVID-19 pandemic.
Data showed, on July 16, CIL's pithead coal stocks were 72.88 million tonnes, 120% higher compared with the same day a year ago, while coal production during the first 16 days in July was 8% lower year on year, at 18.05 milion tonnes.
(Writing by Emma Yang Editing by Jessie Jia)
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