Coal sales fell 1.3 per centto 573.8 million tonnesCoal India Ltd, the world's biggest coal miner, stated on Thursday its annual production succumbed to the 2nd straight year, as lower electrical energy usage due to coronavirus-induced lockdowns harm fuel demand.
The state-run miner produced 596.2 million tonnes of coal for the year ended March 31, compared with 602.1 million tonnes last year.
Coal sales fell 1.3 per cent to 573.8 million tonnes, the business said in a statement.
Mostly, what harmed Coal India's supplies was minimized coal lifting by the power sector, the miner said.
An absence of supplies has actually led to a stock of 99 million tonnes, increasing by about 25 percent from the very same period in 2015, it added.