All content in this website is sourced legitimately

Page No: 1
Coal India: Only time will tell whether it can deliver or not
Apr 11: How is Coal India Ltd going to fare going ahead?
8The company reported a 9.4% production growth and 5.5% offtake growth YoY in March 2018.
8Production jumped significantly in March this year in relation to the scanty 1-2% growth seen in the previous months of the year.
8Offtake growth remained strong at 5.5%, due to higher coal demand and falling hydro power PLFs during the month.
8Additionally, FY18 growth stood at 2.4% for production and 6.9% for offtake. Production growth was lower than offtake as CIL was depleting its stocks estimated at 50MMT.
8With stable power demand growth (5%-6%), coal production growth will have to go up, given the depleting stocks.
8While March production growth was encouraging, data for the next few months will have to be analyzed to see whether growth is going to be sustainable.
Click on Reports for more

**********************************

Back  |  Top