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Customer acquisition as power generators fell 25.5% to 39.06mt, the world’s largest coal miner said on Friday. Production fell 10.9% to 40.38 million tons.
Image for representation. (Reuters)
Chennai Coal India Ltd’s sales to customers fell by more than a quarter in April, the highest rate of decline in at least six years, it said on Friday, as demand for electricity fell due to a national blockade.
Customer acquisition as power generators fell 25.5% to 39.06mt, the world’s largest coal miner said on Friday. Production fell 10.9% to 40.38 million tons.
Prime Minister Narendra Modi has imposed the world’s largest blockade since March 25 to prevent the spread of the coronavirus. On Friday, India extended the 40-day blockade another two weeks after May 4, but allowed “considerable relaxation.”
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