Coal India holds enough stock despite lower production target amid record power demand, says CMD Sairam
New Delhi, May 28 -- Coal India is holding sufficient coal stock despite a lower production target for the current fiscal year, even as power demand in the country has touched record levels, Coal India Chairman and Managing Director, B Sairam said on Thursday.
"At the beginning of this year, we were having a stock of 130 million tonne. So deliberately we took a conscious decision," Sairam said while responding to questions on production strategy and coal supply planning on the sidelines of a roadshow on coal gasification attended by industry leaders, startups, researchers, PSUs and state government representatives.
He said the company already has enough production and stock, which has enabled a shift in focus towards supply-side managem...
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