KOLKATA, INDIA—Indian state-run coal mining companies have reversed the declining trend in production, but fuel demands in the industrial sectors is expected to persist for another 2-3 years.
Both state-run coal miners, Coal India Ltd. (CIL) and Singareni Collieries Co. Ltd. (SCCL) have recorded growths in production, but the rate of growth is not enough to mitigate the shortage in supplies faced by thermal power producers and other consumers.
CIL, which accounted for more than 80% of domestic supplies, reported a production of 49.8 million metric tons (mt) during October, up 7% over the same period last year. Dispatches during October were at 50 million mt, up 3.5% over the same period last year.
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