Coal Supply to Power Sector Drops in August 2024
By Rediff Money Desk, New Delhi Sep 10, 2024 19:34
Coal supply to India's power sector declined in August 2024, despite overall positive production and supply trends. Learn about the reasons behind the drop and the government's commitment to energy security.
![Coal Supply to Power Sector Drops in August 2024](https://im.rediff.com/money/2022/may/30coal3.jpg)
Photograph: Amit Dave/Reuters
New Delhi, Sep 10 (PTI) Coal supply to the power sector in August dropped 5.4 per cent to 58.07 million tonnes (MT) as compared to the year-ago period, according to an official statement on Tuesday.
The supply of coal to the power sector was 61.43 MT in August of the previous fiscal year.
"In August 2024, the supply to the power sector was 58.07 MT, slightly lower than the 61.43 MT recorded in August 2023," the coal ministry said in a statement.
Coal supply to the power sector remains a key priority, the ministry said.
Between April and August this fiscal year, supply to the power sector reached 338.75 MT, registering a growth of 4.13 per cent over the 325.33 MT supplied during the year-ago period.
In terms of coal supply across the country during the April to August 2024, it stood at 412.69 MT, with an increase of 5.17 per cent compared to 392.40 MT during the corresponding period of the last financial year.
In August, however, coal supply fell slightly to 69.94 MT, compared to 75.19 MT in August of the last fiscal year.
The country's coal production and supply trends during April-August show a positive trajectory, despite some short-term variations in August due to above normal precipitation impacting mining and mobility.
The coal ministry remains committed to meeting the country's energy demands through reliable coal production and supply.
In August, the overall coal production dropped to 62.67 MT from 67.76 MT in August last year.
The supply of coal to the power sector was 61.43 MT in August of the previous fiscal year.
"In August 2024, the supply to the power sector was 58.07 MT, slightly lower than the 61.43 MT recorded in August 2023," the coal ministry said in a statement.
Coal supply to the power sector remains a key priority, the ministry said.
Between April and August this fiscal year, supply to the power sector reached 338.75 MT, registering a growth of 4.13 per cent over the 325.33 MT supplied during the year-ago period.
In terms of coal supply across the country during the April to August 2024, it stood at 412.69 MT, with an increase of 5.17 per cent compared to 392.40 MT during the corresponding period of the last financial year.
In August, however, coal supply fell slightly to 69.94 MT, compared to 75.19 MT in August of the last fiscal year.
The country's coal production and supply trends during April-August show a positive trajectory, despite some short-term variations in August due to above normal precipitation impacting mining and mobility.
The coal ministry remains committed to meeting the country's energy demands through reliable coal production and supply.
In August, the overall coal production dropped to 62.67 MT from 67.76 MT in August last year.
Source: PTI
Read More On:
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
- Vodafone Idea L
- 13.53 (+ 2.50)
- 37383887
- Rajnish Wellness
- 3.57 (+ 1.71)
- 30241488
- Rama Steel Tubes
- 14.07 ( -5.82)
- 22457314
- Suzlon Energy Ltd.
- 78.05 (+ 4.99)
- 22398174
- GTL Infrastructure
- 2.49 (+ 4.62)
- 21215786
MORE NEWS
![IndiGo Pays...](https://im.rediff.com/80-80/money/2023/may/30flight.jpg)
IndiGo Pays Reduced Fine for Mumbai Airport...
IndiGo has paid a reduced fine of Rs 70 lakh imposed by BCAS for an incident involving...
![DoT Simplifies...](https://im.rediff.com/80-80/money/2016/feb/18telecom1.jpg)
DoT Simplifies Telecom Licenses for Trials &...
The Department of Telecom (DoT) has eased licensing processes for experimental,...
![PhonePe Expands...](https://im.rediff.com/80-80/money/2023/feb/22singapore.jpg)
PhonePe Expands UPI QR Payments in Singapore...
PhonePe partners with Liquid Group to enable UPI QR payments for Indian travelers in...