CONSUMERS’ PAGE Present Coal Scenario: State-owned Coal India Limited has produced 39.20 million tonnes of coal in June-2020, slightly less than the figures of the previous month (May’20) as monsoon shower disrupted operations in various parts of the country. The June production figure registered a decline of 12.8% on a y-o-y basis compared to 44.95 million tonnes in June’2019. For the period of April’20-June’20, the national miner has produced a total of 121.01 million tonnes of coal, lower by 11.6% compared to 136.94 MT produced in the corresponding period of previous year. Total coal offtake of this month also dipped by 15% to 41.61 MT, compared to 48.98 MT in June-2019. Total offtake figures for the period of April’20- June’20 stands at 120.62 MT, which is more than 21% lower than the offtake quantity of 153.49 MT in the same period last year amid the dipping demand from the Power Sector.
Common Concerns faced by both Power and Non-power sectors: 1. Streamlining of all forms of refunds by CIL Subsidiaries: Considering the fi-
nancial crisis across all sectors amid the pandemic outbreak, Requests have been made by consumers from both sectors to consider im-
06 | CCAI Monthly Newsletter June 2020
mediate return of all kinds of refunds including security deposits, BGs, GST, CST, pending coal value etc. Consumers, who have surrendered linkages after the lock-in period, have requested their Bank Guarantees to be returned by the Coal Companies. Following the CIL directive, most of the Subsidiaries have started taking initiatives to streamline the refunds to the concerned companies.
