Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
When summer demand starts to cooling off from highs and monsoon logistical disruptions intensify on June 30, the coal ministry estimates a closing stock of about 38–40 million tonnes (MT) at domestic coal-based power plants. Compared to the stock on the same date last year, the target range is 13–19% higher.
The stock is expected to be sufficient to start the monsoon season, when coal production and evacuation typically slows down, a senior government official said. "There is massive improvement in rail transportation in Mahanadi Coalfields. The average rake supply [in Mahanadi Coalfields] is currently at 99-100 per day compared with 94 per day in FY24," the official said.
Start of coal transportation from Dhamra and Gangavaram ports a few months back and restart of production from Rajmahal mines last year have also helped in increasing the supply to power plants, the official said. During monsoon, depletion of stock can be higher as coal production and transport take a hit.
The current stock at domestic coal-based power plants is around 46.5 million tonnes. Moreover, the financial year started with 47.3 million tonnes, much higher than last year's 34.5 million tonnes. Higher fuel stocks leave a cushion to raise power generation as demand rises, reducing the urgency of quick railway transportation.
Also Read : Eyes of Singareni Bayyaram iron ore, to extend global reach Govt raises domestic natural gas prices to $8.17 per mmBtu for March
India's coal-fired generators have managed to amass record stocks of fuel for the end of February, e...
Raw Material 29-Feb-2024
Jindal Stainless Ltd stated it delivered 75 tonnes of high-end steel for the Esplanade-Howrah Maidan...
Large Corporate 18-Mar-2024
Steel consumption hit 1.2 million tons in Jan–Apr 2025. Domestic production up 30.5% y-o-y....
Business 15-May-2025
Hariom Pipe Industries Ltd (HPIL) has signed a Memorandum of Understanding (MoU) with the Government...
India 22-Sep-2025
Production at mines owned by Chile's cash-strapped copper miner Codelco dropped to 1.325 million met...
Non-Ferrous 07-Feb-2024
NINL reports ₹1,000 Cr EBITDA in FY25. Q4 revenue up 25% YoY to ₹1,417 Cr. Operational turnaround...
Business 23-May-2025