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India’s FY16 pithead vendible stocks rise 11.93% y-o-y

28 Apr 2016

India’s pithead vendible coal stocks rose 9.64% to 65.12 million tons (mt) as on March 31, 2016 from 59.39 mt as on the last day of March 31 2015.

 

On a month-on-month basis, pithead vendible coal stocks were up 21.01% from 54.25 mt recorded as on the last day of February 2016.

 

The increase in pithead stocks was largely on account of a jump in stocks at eight of the coal producing subsidiaries of Coal India Ltd (ECL, BCCL, CCL, NCL, WCL, SECL, MCL and NEC) and also at Singareni Collieries Company Ltd (SCCL).

 

The following table gives detailed break-up of pithead vendible stocks with coal companies as of the last date of the months (April-February) for 2015-16 and on February 29, 2015 (in million tons):

 

Name of the company

Stocks as on March 31 2016

Stocks as on Feb 29, 2016

Stocks as on Jan 31, 2016

Stocks as on Dec 31, 2015

Stocks as on Nov 30, 2015

Stocks as on April 30, 2015

Stocks as on March 31, 2015

ECL

5.07

4.04

3.225

2.553

1.82

3.065

3.451

BCCL

4.089

3.642

3.403

3.261

3.218

4.283

4.464

CCL

11.477

8.844

7.673

6.824

6.168

9.481

9.718

NCL

6.612

5.501

4.771

4.19

3.887

4.57

4.489

WCL

8.002

6.466

5.072

4.321

3.723

5.229

5.502

SECL

11.876

9.853

9.084

8.096

7.639

12.17

12.82

MCL

10.189

9.166

8.851

8.318

7.192

12.53

12.41

NEC

0.359

0.224

0.173

0.15

0.159

0.209

0.215

CIL

57.674

47.74

42.25

37.71

33.806

51.54

53.47

SCCL

6.981

6.135

5.39

4.916

4.63

5.055

5.353

OTHERS**

0.464

0.383

0.392

0.241

0.218

0.357

0.567

Total

65.11

54.25

48.03

42.87

38.654

56.95

59.39

 

** Excluding Meghalaya


Source: CIL, SCCL and public and private coal companies