The development assumes significance in the wake of country's power plants grappling with coal shortages.
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The development assumes significance as the supply of coal is being prioritised to the power sector to replenish the dwindling stock in the wake of reports of an electricity crisis looming large.
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Coal Minister Pralhad Joshi said the government is making efforts to meet the coal demand of power producers & that steps were being taken to ramp up dry-fuel supply to 2 MT per day from the current overall dispatch of 1.95 mt
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The coal ministry has been asked to ramp up the supply of coal while railways has been asked to make available rakes to transport the fuel to power plants, the sources said.
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Coal India's arm Mahanadi Coalfields Limited (MCL) said that 76% of coal was provided to power producers on average in the current month amid reports of coal shortage.
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According to the latest coal stock data of the 135 plants with over 165 GW of installed generation capacity monitored by the Central Electricity Authority (CEA), as many 70 plants are categorised as supercritical stock or having less than four days of fuel on October 10, 2021, compared to 64 a week ago on October 3, 2021.
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Thermal power plant to be mandated to maintain fuel inventories based on a specific plant load factor to avert the annual crisis the country faces during peak electricity demand seasons.
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CIL's total offtake shot up to 147.3 MT at the quarter ending September which is 9.7 percent more against the comparable quarter of last year when the offtake was 134.3 MT.
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Prices of power-generation fuels are surging globally as electricity demand rebounds with industrial growth, tightening supplies of coal and liquefied natural gas.
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The development assumes significance in the wake of power houses in the country grappling with coal shortages.
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