Coal Mining PSUs Faces Rising Dues from Power Producers

Outstanding dues payable by Power Sector for the coal sales by Coal India Limited (CIL) and The Singareni Collieries Limited (SCCL)

Coal Mining PSUs Faces Rising Dues from Power Producers
Coal Mining PSUs Faces Rising Dues from Power Producers

NEW DELHI- Outstanding dues payable by Power Sector for the coal sales by Coal India Limited (CIL) and The Singareni Collieries Limited (SCCL) are as under:

[Rs. in Crore – (provisional)]

Coal Mining Public Sector Undertaking (PSU)

Dues as on 31.03.2022

Dues as on 28.02.2023

Increase / Decrease over 31.03.2022

CIL

13335.91

16629.41

(+) 3293.50

SCCL

5755.5

3713.15

(-) 2042.35

An increase in outstanding dues of the coal mining PSUs impacts the working capital and cash flow position of the coal company.

This information was given by Union Minister of Coal, Mines, and Parliamentary Affairs Shri Pralhad Joshi in a written reply in Rajya Sabha.

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