Highest Ever Coal Stocks Available At Thermal Power Plants The demand of Coal based power has grown by 7.30 per cent in this FY compared to last year in same period.

By Paromita Gupta

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Photo Curtesy: Freepik

In order to ensure a consistent supply of coal to thermal power plants, Ministry of Coal has ensured the highest ever stocks of Coal at the thermal power plants.

This proactive initiative aims to secure uninterrupted power for citizens nationwide during this peak demand period. Despite extremely high demand for power, the coal stocks at Thermal Power Plants remain robust, exceeding 45 million tonnes (MT) as on June 16, 2024, which is ~ 31.71 per cent higher compared to the same period last year when it was 34.25 MT.

The demand of Coal based power has grown by 7.30 per cent in this FY compared to last year in same period. This is highest ever demand of coal.

The cumulative coal dispatch stands at 220.31MT as on June 16, 2024, with a growth of 7.65 per cent compared to the corresponding period last year which was at 204.65 MT. Coal India Limited recorded 166.58 MT in dispatches, growing by over 4 per cent compared to the corresponding period last year which was 158.91 MT. Coal dispatch from captive and commercial mines is recorded at 39.45 MT, with a growth of 30 per cent. Dispatch to the power sector stands at 180.35 MT, reflecting a growth of 5.71 per cent compared to 170.61 MT last year.

The overall coal stock in the country (mines, transit, power plants) is over 144.68 MT, ensuring a sufficient coal supply to the power sector.

The Ministry of Railways has ensured 10 per cent average growth in the daily availability of railway rakes, with an average of 428.40 rakes per day supplied daily as of June 16, 2024. The evacuation through coastal shipping has also experienced significant growth. Traditionally, coal was transported via Paradip port only, but now, under proper coordination according to the coal logistics policy, coal is also being evacuated through Dhamra and Gangavaram ports. The infrastructural augmentation in the railway network has notably improved the movement of rakes from Son Nagar to Dadri, resulting in more than a 100 per cent improvement in turnaround time.

The Ministry of Coal is fully committed to ramp up coal production and transportation, ensuring power plants have ample reserves to meet the surge in electricity demand. These coordinated efforts have significantly contributed to maintaining a steady and efficient coal supply to meet the high power demand.

Paromita Gupta

Entrepreneur Staff

Freelancer

Covering news and trends in AI and Metaverse segments. An avid book reader running her personal blog on the side. You may reach me at paromita@entrepreneurindia.com. 
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

News and Trends

How Lab-Grown Diamonds are Reshaping Jewellery Market

As sustainability takes the centre stage shaping the luxury market, lab grown diamonds (LGDs) are leading the way and not merely following the latest trends, says Ishendra Agarwal, Founder, Giva

Business News

AI Could Cause 99% of All Workers to Be Unemployed in the Next Five Years, Says Computer Science Professor

Professor Roman Yampolskiy predicted that artificial general intelligence would be developed and used by 2030, leading to mass automation.

News and Trends

Reveal HealthTech Raises USD 7.2 Mn to Expand AI-Driven Healthcare Solutions

The fresh funding will be channelled towards scaling its flagship products, BioCanvas and Prism AI.

Growth Strategies

GST Rate Cuts To Bolster FMCG Sector; Daily Goods To Get Cheaper

FMCG companies such as Marico, Emami, GCPL, Zydus Wellness, are prioritizing to pass on the GST benefits to consumers at the earliest