+
Power Plants Close FY23-24 with 50 Mn Tonnes Coal Stock
COAL & MINING

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.

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.

Next Story
Infrastructure Energy

Bihar Launches Rs 53.4 Billion Green Energy Plan

The Bihar government has taken a major stride towards clean energy with the launch of two new policies and the signing of agreements totalling Rs 53.4 billion. These initiatives aim to generate 2,357 megawatts (MW) of renewable energy through solar, wind, battery storage, and other sustainable technologies.The Bihar Renewable Energy Policy 2025 and the Pump Storage Policy 2025 were officially introduced at an event in Patna. Designed to attract significant investment, the policies seek to position Bihar as a key centre for clean energy projects. Energy Minister Bijendra Prasad Yadav stated tha..

Next Story
Infrastructure Transport

Bids Invited for Rs 62.5 Billion Vizag Metro Project

The long-anticipated Visakhapatnam Metro Project has made significant progress, with the Andhra Pradesh Metro Rail Corporation inviting bids for the first civil contract under Phase 1 of the Vizag Metro. The estimated cost of this contract is Rs 62.5 billion.This engineering, procurement and construction (EPC) contract covers the design and construction of a 46.23 km viaduct spanning three corridors, including a 20.16 km double-decker four-lane flyover cum metro viaduct. The project also comprises 42 elevated metro stations across Visakhapatnam.Recently, SYSTRA Consultancy signed a Memorandum ..

Next Story
Real Estate

Oberoi Realty to Buy Hotel Horizon for Rs 9.19 Billion

A consortium led by Mumbai-listed Oberoi Realty Ltd is set to acquire debt-laden Hotel Horizon Pvt Ltd in Juhu, Mumbai for Rs 9.19 billion (approximately USD 107 million) under a resolution plan approved through India’s Insolvency and Bankruptcy Code (IBC).In a filing to the stock exchange, Oberoi Realty confirmed that the Committee of Creditors of Hotel Horizon had approved the resolution plan, following which a letter of intent was issued. The consortium also includes Shree Naman Developers and JM Financial Properties.As per the resolution plan, the consortium will make a payment of Rs 9.1..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?