Coal stocks in India likely to reach 6 days buffer

India’s coal ministry said power projects’ coal fuel stocks are likely to reach six days’ buffer in around a week’s time. Mint reported that coal stocks at thermal power plants (TPPs)have reached 9.02 million tonnes (mt) and are expected to reach stock levels to sustain six days of electricity generation by end October.

“Coal supply to power plants has indicated steady increase for the last many days. As per Central Electricity Authority (CEA) report the coal stock with power plants stood at 9.028 million tonnes (mt) as on 26th October, 2021. With daily increase in coal stock for the last nine days, 5 days’ stock is available at the end of the Thermal Power Plants (TPPs),” the union coal ministry said in a statement.

“In around a week’s time it is likely to reach 6 days’ buffer stock. Coal consumed on daily basis by the TPPs is replenished by coal companies. Coal supplies to TPPs have been increasing consistently which is evident from the rise in stock at the Power Plant end which has started rising and average increase during last one week is more than two lakh tonne per day,” the statement added.

The rolling stock with coal supplies to India’s power plants is being increased to help fuel stocks reach 10 million tonnes by Diwali. The depleted fuel stocks at power plants have led to concerns about a possible electricity shortage. This assumes significance given that coal fuelled power projects totalling 202.22 GW remain the mainstay of India’s power generation and account for more than half of India’s power generation capacity.

“Earlier this month, Union Minister for Coal, Mines and Parliamentary Affairs Shri Pralhad Joshi held a virtual meeting with all stakeholders responsible for coal supply. It was agreed that supply to power plants shall be around two million tonnes per day from all the sources i.e Coal India Ltd., Singareni Collieries Ltd and captive mines,” the statement said. “The overall coal supply to Power has been consistently more than 2.1 million tonnes for the last one week,” the statement said.

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