India has coal stocks for more than 1 month, no need to panic: Govt sources
NEW DELHI: India has enough coal stocks to meet more than one month of demands and there is no requirement to panic, federal government sources informed ANI. Sources said 72.5 million tonnes( MT)of coal stocks are lying with Coal India Ltd. Usually, power plants in India is having coal stock of 22 MT and on a typical everyday 2.1 MT coal is changed with plants. So no scarcity of coal will develop
in the country, sources said. Power plants in India still have 10 days of stock and the country has coal stock of more than thirty days, the sources added. Another leading authorities told ANI that there is no coal shortage, especially in Maharashtra. The federal government has actually directed the states to examine the PPA with power plants and Maharashtra is currently examining it. Energy demand increased due to early summer and the healing in the economy. Coal production has actually increased 20-22 per cent in the month of April itself. The Ministry of Railways also increased the schedule of rakes by 20 per cent. Earlier, All India Power Engineers
Fedration had said that thermal power plants throughout the country are grappling with coal shortages, indicating a looming power crisis in the nation. Shailendra Dubey, chairman of AIPEF stated that according to Central Electricity Authority’s most current everyday coal report, the coal stock at 81 out of an overall of 150 thermal power stations utilizing domestic coal is crucial as per guidelines. The condition of the economic sector thermal plants is similarly bad as
the coal stock of 28 out of 54 plants remains in an important phase. The AIPEF chairman said in a statement that coal inventories held by Indian power plants remain tight at nine days’ worth of stock since mid-April and could lead to power outages. If coal products do not improve, this might end up being another” stagflationary shock,” he stated. Electricity demand has shot up due to the reopening and as the country heads towards the peak summertime season, but supply has actually been interrupted due to the decreased availability of railway rakes to transfer coal and lower coal imports. He said in the northern area, the worst suffering states are Rajasthan, Punjab, Haryana and UP. In UP coal stock is left for 7 days, in Haryana coal stock is for 8 days, in Rajasthan Coal stock is for 17 days as versus the basic norm of 26 days coal stock. Andhra Pradesh, Tamil Nadu, Telangana, Madhya Pradesh, Maharashtra, Gujarat, Jharkhand and Chhattisgarh are the other states facing a coal crisis. The absence of railway rakes is also contributing to the crisis. Presently, only 412 rakes are available as against the daily requirement of 453 rakes.
Published at Wed, 20 Apr 202216:54:30 +0000