Coal stock at power plants rises to a comfortable 30 MT
COAL & MINING

Coal stock at power plants rises to a comfortable 30 MT

Coal stocks at power generating plants rose to about 30 million tonnes last month, state-run Coal India said last week, dispelling fears of a shortage of the fuel during the monsoon season.

The government has been making all efforts to build up coal stocks to avoid the reoccurrence of power outages seen during the summer this year.

“Coal stock at power plants is close to 30 MT, including imported coal, ending August 22 (till 29th). This is substantially higher than 12.8 MTs of August '21 when the stock plummeted by 11.2 MTs in a month,” Coal India Ltd (CIL) said in a statement. Enhanced supply of fuel from CIL helped the stock stabilise at power plants. “Closing stock for the month of August '22 is a six-year high barring 2020, when the pandemic-fuelled slowdown saw the stock at 37.7 MT,” it said.

With a stock of dry fuel of 31 MT at CIL's pitheads, around 30 MT stock at power plants, and a little over 10 MT at CIL’s sidings, goods sheds, private washeries, ports, captive plants, there is sufficient availability of coal in the system, CIL said.

Besides, the supply of coal to the power sector also rose to 243.3 million tonnes in the first five months of the current financial year.

Coal production by CIL during April-August period also increased by 21 per cent to 253.3 MT, over 209.2 MT in the year-ago period.

See also:
Rajasthan introduces amnesty scheme for miners
Adani Enterprises establishes two wholly-owned coal mining subsidiaries


"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Coal stocks at power generating plants rose to about 30 million tonnes last month, state-run Coal India said last week, dispelling fears of a shortage of the fuel during the monsoon season. The government has been making all efforts to build up coal stocks to avoid the reoccurrence of power outages seen during the summer this year. “Coal stock at power plants is close to 30 MT, including imported coal, ending August 22 (till 29th). This is substantially higher than 12.8 MTs of August '21 when the stock plummeted by 11.2 MTs in a month,” Coal India Ltd (CIL) said in a statement. Enhanced supply of fuel from CIL helped the stock stabilise at power plants. “Closing stock for the month of August '22 is a six-year high barring 2020, when the pandemic-fuelled slowdown saw the stock at 37.7 MT,” it said. With a stock of dry fuel of 31 MT at CIL's pitheads, around 30 MT stock at power plants, and a little over 10 MT at CIL’s sidings, goods sheds, private washeries, ports, captive plants, there is sufficient availability of coal in the system, CIL said. Besides, the supply of coal to the power sector also rose to 243.3 million tonnes in the first five months of the current financial year. Coal production by CIL during April-August period also increased by 21 per cent to 253.3 MT, over 209.2 MT in the year-ago period. See also: Rajasthan introduces amnesty scheme for minersAdani Enterprises establishes two wholly-owned coal mining subsidiaries

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement