Indian thermal power plants blend 7 MTs imported coal during April-June
POWER & RENEWABLE ENERGY

Indian thermal power plants blend 7 MTs imported coal during April-June

Following the Center's direction for blending foreign coal to overcome scarcity, thermal power plants (TPPs) blended about seven million tonnes (MTs) of imported coal between April and June 2022.

The Power Ministry ordered all Generation Companies (Gencos), including IPPs, to mix imported coal for power generation in April because of the rise in energy demand and the inadequacy of domestic coal resources to meet demand.

Domestic coal-powered plants have a reserve supply for more than nine days remaining as of June 24, while imported coal-powered plants have supplies remaining for about 12 days.

India expects to import about 59 MT of coal for blending at power plants in the fiscal year (FY2023), while inbound shipments for June are likely to be in the range of 4.8–5 MT.

State-run miner Coal India Ltd (CIL) announced a global tender earlier this month to buy 2.42 MT of the significant product for July to September of FY2023.

It was completed a week after getting indents from 19 independent power plants (IPPs) and seven state GENCOS. Overall, CIL must import about 12 MT of coal until July 2023.

Imports of coal peaked at 248 MT in FY2020 before falling to 215 MT in FY2021 and 209 MT in FY2022. Power Sector imports, which fell from 69 MT in FY2020 to 45 MT in FY2021 and then even lower to 27 MT in FY2022, are substantially to blame for the fall in FY2022.

RK Singh, the Power Minister, told the media that they blended seven MTs of imported coal for April through June 2022, which adds up to 10 MT compared to domestic coal because imported coal has 1.4 times higher GCV than domestic coal.

He said with NTPC, DVC, and several States, they still have about 2.5 to 3 MT in stock.

The Power Minister informed that many states expressed interest in Coal India's import auctions.

Image Source

Also read: India's domestic raw coking coal output to reach 140 mt by 2030

Following the Center's direction for blending foreign coal to overcome scarcity, thermal power plants (TPPs) blended about seven million tonnes (MTs) of imported coal between April and June 2022. The Power Ministry ordered all Generation Companies (Gencos), including IPPs, to mix imported coal for power generation in April because of the rise in energy demand and the inadequacy of domestic coal resources to meet demand. Domestic coal-powered plants have a reserve supply for more than nine days remaining as of June 24, while imported coal-powered plants have supplies remaining for about 12 days. India expects to import about 59 MT of coal for blending at power plants in the fiscal year (FY2023), while inbound shipments for June are likely to be in the range of 4.8–5 MT. State-run miner Coal India Ltd (CIL) announced a global tender earlier this month to buy 2.42 MT of the significant product for July to September of FY2023. It was completed a week after getting indents from 19 independent power plants (IPPs) and seven state GENCOS. Overall, CIL must import about 12 MT of coal until July 2023. Imports of coal peaked at 248 MT in FY2020 before falling to 215 MT in FY2021 and 209 MT in FY2022. Power Sector imports, which fell from 69 MT in FY2020 to 45 MT in FY2021 and then even lower to 27 MT in FY2022, are substantially to blame for the fall in FY2022. RK Singh, the Power Minister, told the media that they blended seven MTs of imported coal for April through June 2022, which adds up to 10 MT compared to domestic coal because imported coal has 1.4 times higher GCV than domestic coal. He said with NTPC, DVC, and several States, they still have about 2.5 to 3 MT in stock. The Power Minister informed that many states expressed interest in Coal India's import auctions. Image Source Also read: India's domestic raw coking coal output to reach 140 mt by 2030

Next Story
Products

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Next Story
Infrastructure Energy

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

Next Story
Infrastructure Energy

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation  and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India.   The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?