CONSUMERS’ PAGE Present Coal Scenario: Coal Production by national miner Coal India Limited in March’22 grown significantly compared to last month. CIL’s total production for the month was 80.26 MT compared to 64.26 MT in February ’22. However, the monthly production figures have been marginally lower than the same month previous year (81.13 MT). CIL ‘s total production in this fiscal has been 622.64 MT which is nearly 4.5% higher than the same period last year. Coal despatch by all CIL Subsidiaries combined for March’22 has been 62.04 MT, higher than 60.06 MT in March ’21. The coal dispatch figures for CIL have grown from 58.80 MT in February. The Maharatna Company has dispatched 661.89 MT of coal so far in the ongoing fiscal, which has steadily increased from 574.48 MT in the same period in previous fiscal, a growth of more than 15%.
Issues faced by both Power and Non-power Sector: 1. Submission regarding various forms of pending refunds from different CIL Subsidiaries:
06 | CCAI Monthly Newsletter March 2022
Various forms of refunds from different Subsidiary Coal Companies of CIL including refund of additional coal value advance, BGs related to financial coverage and performance security, EMDs, pending credit notes on account of grade slippage, refund of security deposit against expired FSAs etc have been pending since long.
