ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Coal stockpiles surge to 147 million metric tons, ensuring energy security

Equally is the increase in TPP end stock, which currently stands at 45MT, reflecting a 29 per cent surge compared to last year's 34.83MT.

ANI May 20, 2024 19:19 IST googleads

Ministry of Coal logo

New Delhi [India], May 20 (ANI): The cumulative stock of coal at pit-heads and in transit to Thermal Power Plants (TPPs) stands at 147 million metric tons (MT), as of May 15.
The figure exhibits an upsurge from the corresponding period of the previous fiscal year, marking 25 per cent growth from 117 MT.
Equally is the increase in TPP end stock, which currently stands at 45MT, reflecting a 29 per cent surge compared to last year's 34.83MT.
In an official note, the Ministry of Coal has reaffirmed its commitment to guaranteeing a steady and affordable supply of coal for both power and non-power sectors.
Recent statistics released by the Ministry unveiled a surge in coal stockpiles, indicating robust measures in place to meet the escalating demands of the economy.
Coal India Ltd, the cornerstone coal-producing Public Sector Undertaking (PSU), boasts a pithead stock of 85MT, indicating 30 per cent rise compared to the preceding year.
Such advancements underscore the ministry's concerted efforts in fortifying coal reserves to cater to the burgeoning energy requirements of the nation.
Anticipating the onset of the monsoon season, the Ministry of Coal has meticulously strategized to ensure ample coal availability at TPPs.
This proactive approach aims to mitigate potential disruptions and sustain uninterrupted power generation during adverse weather conditions.
The ministry's proactive stance is underscored by a 7.26 per cent increase in coal production this year, coupled with an 8.78 per cent rise in thermal power generation and an 8.45 per cent growth in rake supply.
An aspect of the ministry's strategy involves fostering close collaboration with stakeholders through initiatives like the Inter-ministerial Committee of Coal, Power, and Railways.
Recent deliberations in sub-group meetings with State Gencos have reaffirmed the adequacy of coal stocks across TPPs nationwide.
These weekly forums serve as a platform for addressing coal supply and logistics challenges, ensuring timely resolutions and seamless operations.
Furthermore, the augmentation of evacuation infrastructure and the operationalization of additional ports for coastal coal transportation have significantly enhanced logistical efficiency across the country.
These investments underscore the ministry's steadfast commitment to streamlining supply chains and bolstering energy resilience. (ANI)

Get the App

What to Read Next

Business

Piyush Goyal meets global industry leaders to deepen trade ties

Piyush Goyal meets global industry leaders to deepen trade ties

The meetings were inclined towards bolstering India's manufacturing capabilities and deepening its integration into global supply chains. The discussions focused on expanding investment partnerships and enhancing India's role as a critical hub in the Indo-Pacific region.

Read More
Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

Govt Urges Citizens to Avoid Panic Booking

Govt Urges Citizens to Avoid Panic Booking

Amid global energy disruptions following the closure of the Strait of Hormuz, the government has assured that the domestic supply of LPG, petrol, diesel, kerosene, and natural gas remains stable, while citizens are urged to avoid panic booking and conserve fuel, said Sujata Sharma, Joint Secretary of the Ministry of Petroleum and Natural Gas, today.

Read More
Business

India Emerging as Stable Investment Anchor in Turbulent Global

India Emerging as Stable Investment Anchor in Turbulent Global

Mumbai (Maharashtra) [India], March 12: As military conflict in West Asia disrupts energy supplies through the Strait of Hormuz and global liquidity tightens, leading investors, policymakers and capital markets leaders gathered at IGF Mumbai 2026: Catalysing Capital to assess India's position in an increasingly fragmented global economy.

Read More
Business

India pushes for green ship recycling, euro-compliant yards

India pushes for green ship recycling, euro-compliant yards

India is rapidly expanding its ship recycling sector and upgrading shipbreaking yards to meet European environmental standards, as part of a broader effort to strengthen its maritime industry and reduce logistics costs, Sushant Kumar Purohit, Chairperson of VO Chidambaranar Port Authority, said today.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.