Coal Stock at Power Plants Up 32% to 45 MT
By Rediff Money Desk, New Delhi Jun 19, 2024 16:56
India's thermal power plants reported a 32% increase in coal stock to 45 million tonnes, ensuring sufficient supply despite high demand. Coal production and dispatch also saw significant growth.
![Coal Stock at Power Plants Up 32% to 45 MT](https://im.rediff.com/money/2019/jan/18power.jpg)
New Delhi, Jun 19 (PTI) Thermal power plants (TPPs) had coal stocks of over 45 million tonne on June 16, higher by 32 per cent as compared to the same day last year, an official statement said on Wednesday.
Ministry of Coal said it is working round-the-clock to ensure a consistent supply of coal to TPPs.
As a result of enhanced production, efficient management of logistics and smooth inter-agency coordination, the highest ever coal stock has been reported at TPPs, the ministry statement said.
"Highest ever coal stock available at thermal power plants. Despite extremely high demand for power, the coal stocks at thermal power plants remain robust, exceeding 45 MT as on June 16, 2024, which is 31.71 per cent higher compared to the same period last year when it was 34.25 MT," it said.
As on June 16, the cumulative coal production stood at 207.48 MT, reflecting a growth of 9.27 per cent compared to the corresponding period last year.
Coal production from captive and commercial mines reached 33 MT, with a growth of 27 per cent.
The cumulative coal dispatch stood at 220.31 MT as on June 16, 2024, recording 7.65 per cent growth year-on-year.
Coal India Ltd (CIL) recorded 7.28 per cent growth in coal production at 160.25 MT in the period under review. It clocked 4 per cent growth in dispatches to 166.58 MT.
Coal dispatch from captive and commercial mines rose 30 per cent to 39.45 MT. Dispatch to the power sector was 180.35 MT, higher by 5.71 per cent.
The overall coal stock in the country (mines, transit, power plants) is over 144.68 MT, ensuring a sufficient coal supply to the power sector.
Ministry of Coal said it is working round-the-clock to ensure a consistent supply of coal to TPPs.
As a result of enhanced production, efficient management of logistics and smooth inter-agency coordination, the highest ever coal stock has been reported at TPPs, the ministry statement said.
"Highest ever coal stock available at thermal power plants. Despite extremely high demand for power, the coal stocks at thermal power plants remain robust, exceeding 45 MT as on June 16, 2024, which is 31.71 per cent higher compared to the same period last year when it was 34.25 MT," it said.
As on June 16, the cumulative coal production stood at 207.48 MT, reflecting a growth of 9.27 per cent compared to the corresponding period last year.
Coal production from captive and commercial mines reached 33 MT, with a growth of 27 per cent.
The cumulative coal dispatch stood at 220.31 MT as on June 16, 2024, recording 7.65 per cent growth year-on-year.
Coal India Ltd (CIL) recorded 7.28 per cent growth in coal production at 160.25 MT in the period under review. It clocked 4 per cent growth in dispatches to 166.58 MT.
Coal dispatch from captive and commercial mines rose 30 per cent to 39.45 MT. Dispatch to the power sector was 180.35 MT, higher by 5.71 per cent.
The overall coal stock in the country (mines, transit, power plants) is over 144.68 MT, ensuring a sufficient coal supply to the power sector.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- GTL Infrastructure
- 2.74 (+ 2.62)
- 84886833
- Srestha Finvest
- 2.24 (+ 4.67)
- 34707853
- Ola Electric Mobilit
- 132.76 (+ 19.99)
- 27685743
- Suzlon Energy Ltd.
- 79.93 (+ 4.10)
- 27308498
- IFL Enterprises
- 1.22 (+ 4.27)
- 24757806
MORE NEWS
![Sebi Eases...](https://im.rediff.com/80-80/money/2024/aug/10sebi1.jpg)
Sebi Eases Compliance for Listed NCDs - New...
Sebi proposes amendments to simplify compliance requirements for entities with listed...
![Chandrasekaran:...](https://im.rediff.com/80-80/news/2018/jan/04modi.jpg)
Chandrasekaran: Learn From Indian Wisdom &...
Tata Group Chairman N Chandrasekaran emphasizes the importance of learning from Indian...
JSW Cement Files IPO Papers to Raise Rs 4,000...
JSW Cement has filed draft papers with Sebi for an IPO to raise Rs 4,000 crore. The IPO...