CCAI Newsletter Nov-20

Page 6

CONSUMERS’ PAGE Present Coal Scenario: Total coal production achieved by CIL was 51.7 million tonnes in November 2020 a growth of 3.3% compared to 50 million tonnes lifted in November 2019. For the period of April 2020- November 2020, the national miner has produced 334.5 million tonnes, registering a growth of 1.2% over 330.4 million tonnes produced in the same period last year. CIL’s Total offtake for November stood at 51.3 million tonnes. The offtake has grown by 8% compared to November 2019. Total offtake for the period of April 2020 to November 2020 was 357.2 MT.

Submissions made by both Power and NRS consumers: 1. Submission by both Power and NRS consumers for keeping the reserve price of coal same as notified price under various e-Auctions:

are keeping the floor price at 10% higher than the notified price in most of the cases against the various E-auctions being conducted for both Power and Non-power sectors. However, due to economic downturn due to the pandemic, Utilities and Industries are not in a condition to have such a higher percentage of add-ons on notified price.

Currently a number of CIL Subsidiaries

Request has been made to CIL to extend

06 | CCAI Monthly Newsletter November 2020


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