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India's total coal stock surges 25% to 147 MT: Coal Ministry

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Announcement 21 May 2024 11:12 AM IST moneycontrol

According to the coal ministry, India’s total stock of coal at pit-head and on transit to thermal power plants (TPPs) showed a surge of 25% to 147 metric tonnes (MT) as on May 15, compared to stock of 117 MT on the same day the previous year.

In terms of TPP end stock, 45 MT of coal was available as on May 15, which is 29% more than the stock of 34.83 MT as on corresponding date of last year. The major coal producing PSU Coal India Limited has pithead stock of 85 MT, which is 30% higher compared to last year, official data revealed.

“It is noteworthy that coal production during this year is growing at 7.26% over last year. Thermal power generation is growing at 8.78% and rake supply is growing at 8.45%. Adequate transportation arrangements are in place to meet enhanced demand of coal for increased need of thermal power for growing economy,” the coal ministry said in an official notification.

In recent sub-group meeting with state gencos at the level of inter-ministerial committee of coal, power and railways, it was concluded that adequate stock was available at all TPPs in the country, it added. Sub-group is a mechanism wherein on a weekly basis coal supply and logistics issues are discussed and resolved.

Enhanced evacuation infrastructure and operationalisation of more number of ports for costal evacuation of coal has helped in improving the logistics across the country, the ministry mentioned.