Power Plants Close FY23-24 with 50 Mn Tonnes Coal Stock

As the fiscal year 2023-24 concludes, India's power plants boast a significant coal stockpile of 50 million tonnes. This surplus coal reserve provides a cushion for the power sector, ensuring uninterrupted electricity generation amidst supply chain challenges and fluctuating demand. The robust coal stockpile at power plants signifies a strategic preparedness to mitigate any potential disruptions in coal supply. It also reflects the efforts of the government and power utilities to maintain adequate fuel inventory levels to meet the nation's energy needs. The surplus coal reserves at power plants offer a sense of security and stability to India's electricity grid, especially during periods of heightened demand or unforeseen coal supply disruptions. This strategic buffer helps prevent any potential power shortages and ensures reliable electricity supply across the country. The substantial coal stockpile accumulated by power plants underscores the resilience and efficiency of India's energy infrastructure. It demonstrates the power sector's proactive approach to managing fuel inventory and mitigating risks associated with coal supply chain disruptions. As India continues to focus on expanding its power generation capacity and enhancing energy security, maintaining adequate coal reserves remains a critical priority. The surplus coal stockpile at power plants by the end of FY23-24 reinforces the nation's readiness to address any challenges and sustain uninterrupted electricity supply for industrial, commercial, and domestic consumers.