Coal India (CIL) plans to reduce its stock by 15 million tonne (mn t) in 2013-14 in order to increase the supply of the fuel to power plants.

In 2012-13, the company reduced the stock by 18 percent from a year ago to about 58 million tonne, its lowest in four years.

It may be noted that many power plants in the country are operating below capacity because of lack of sufficient fuel.

In 2013-14, CIL aims to produce 482 million tonne of coal and supply 492 million tonne. The targets, set by the federal coal ministry, represent increases of 3.9 percent and 4.7 percent respectively over CIL's production and supply goals last fiscal year.