HomeBREAKING NEWSCoal Supply to Power Sector Monitored Regularly

Coal Supply to Power Sector Monitored Regularly

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New Delhi: The Ministry of Coal has clarified that Coal Supply to Power Sector Monitored Regularly by the Ministry in close coordination with the Ministries of Power and Railways. As a result of this coordinated efforts the closing stock of coal at the domestic coal-based power plants, as on 31 October this year was 25.6 Million Ton (MT) which is the highest ever in the month of October except for the Covid year of 2020-21.

The domestic coal supply to the power sector is 12 percent more than the same period of last year which is the highest ever supply to power sector in the first seven months of any financial year.

With an objective to enhance coal production capacity, the Ministry of Coal has recently put 141 new coal blocks for commercial auction. Ministry is closely coordinating with State Governments and central ministries concerned to operationalise mines auctioned earlier, on fast track.

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Ministry is also taking steps to augment rail connectivity infrastructure for all major mines under PM-Gatishakti to ensure faster evacuation of coal and the Ministry of Coal is committed to ensure adequate availability of coal to the power sector.

Record 25.6 million ton coal stock with power plants Substantial increase in domestic coal production especially of captive mines this fiscal year.

The total domestic coal production is 18% higher than the same period of previous year with Coal India Limited (CIL), achieving a growth of 17.5 percent.

The captive coal blocks produced 58.6 MT in first seven months registering a growth of 37.5% over the same period of the previous year.

Read Also | Odisha Coal Mines: FM Launches New Coal Mine Auction of 141 Mines

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