Coal stock at electricity generating plants rises to about 30 MT: Coal India Limited

Coal stocks at power generating plants rose to about 30 million tonnes last month, state-run Coal India said on Thursday, dispelling fears of shortages of dry-fuel during the monsoon season. The government has been making all efforts to build up coal stocks to avoid the reoccurrence of power outages seen during the summer this year.

“…coal stock at power plants is close to 30 MTs, including imported coal, ending August 22 (till 29th). This is substantially higher than 12.8 MTs of August ’21 when the stock plummeted by 11.2 MTs in a month,” Coal India Ltd (CIL) said in a statement. The PSU said that enhanced supply of fuel from CIL helped the stock stabilise at power houses.

“Closing stock for the month of August’22 is a six-year high barring 2020 when pandemic fuelled slowdown saw the stock at 37.7 MT,” it said.