Coal availability is comfortable for the country’s coal-fired thermal power plants, with stocks of 33.8 million tonnes (MTs) of the fuel as of April-end, up 62% year-on-year, Coal India said on Tuesday. In a stock exchange filing, Coal India (CIL), the country’s largest coal miner, said coal supplies to the coal-fired plants rose to 50.6 MTs in April, 2023, compared to 49.3 MTs of last year’s April.
Coal inventory at CIL’s pitheads stood at 64.6 MT as of April, 2023 end, which was 13% higher than same period last year. “Higher production by CIL ensured stocks reducing only 4.9 MT during the month. CIL began the fiscal with a coal stock of 69.5 MT,” according to the filing.