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Prioritisation of domestic coal to power sector hit Hindustan Zinc: CEO

The prioritisation of domestic coal supply to the power sector has to “some extent” hit Hindustan Zinc but the company has cushioned itself by tying up imported dry fuel supply till March, a top official of the Vedanta group firm said.

Coal India, which accounts for more than 80 per cent of domestic coal output, has been prioritising fuel supply temporarily to the power sector in view of the low stock position at thermal power plants.

The annual coal consumption of Hindustan Zinc is around 2 millions tonnes and it uses the mix of both imported and domestic fuel at its smelters, HZL CEO Arun Misra Misra told PTI in an interview.

When asked if the domestic supply of coal to the company has been hit due to the prioritisation of coal to the power sector,

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