CCAI Newsletter April-22

Page 6

CONSUMERS’ PAGE Present Coal Scenario: National Miner Coal India Limited (CIL) has produced 53.47 MT coal in April 22 against a monthly target of 56.70 MT. The production figure has grown exponentially over (27%) compared to 41.89 MT produced in the same month last year. In the first month of the new fiscal, CIL's despatch has been 57.50 MT which is 6% higher than CIL's monthly despatch quantity of 54.24 MT. Among other coal companies, SCCL's production has also grown from 4.86 MT in April '21 to 5.32 MT in April '22 (9.5%). coal production by captive blocks has spiked to 7.79 MT this month compared to 4.87 MT during the same month in last fiscal.

Submissions for both Power and NRS consumers: 1. Submission for release of various forms of long-pending refunds from MCL and SECL:

06 | CCAI Monthly Newsletter April 2022

Various forms of long-pending refunds from Mahanadi Coalfields Limited (MCL) and South –Eastern Coalfields Limited (SECL)including refund of additional coal value advance, BGs related to financial coverage and performance security, pending credit notes on account of grade slippage, refund of security deposit against expired FSAs etc have been piled up for many months.


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