CONSUMERS’ PAGE Present Coal Scenario State-owned Coal India Limited has produced 40.38 million tonnes of coal in April, 2020 amid the devastating crisis caused by the coronavirus pandemic. It is praiseworthy that in spite of dampening demand from all major coal consuming sectors of the country, CIL Subsidiaries have continued with their productions vigorously. Company’s coal offtake figure stands at 39.03 million tonnes in this month. The offtake amount has slipped by 25.4 percent compared to April, 2019.
Common concerns faced by both Power and Non-Power sectors: 1. Extension of time for deposition of payment by E-auction/FSA customers: The unprecedented situation caused by the pandemic outbreak enabled the Central government to further extend the nationwide lockdown for a second term from 15th April to 3rd May, 2020. The prevailing condition increased the problems of Power utilities and Industries, who were already struggling due to sinking demand,
06 | CCAI Monthly Newsletter April 2020
lack of workforce and crisis of fund. To tackle the situation, coal consumers across the board have requested the Ministry of Coal and CIL to extend the last date of payment against the coal allotted to them through FSA/ E-auctions.
Response: Considering the adverse situation, CIL has extended last date of deposition of payment has been considered for seven more working days, till 10th May' 2020) from the date of withdrawal of lock down in those cases where the last date as per original schedule of payment is fallen within the lock-down period.
