Govt aims to build 40 Mt coal stock at plants to ensure monsoon supplies

The government is gearing up to increase the stock of coal at power plants to 40 million tonne (MT) during the monsoon season, Union power minister R K Singh said.

Speaking to PTI, the minister said right now, there are reserves of around 22.9 MT at the power plants.

“On April 1, our reserve stock at power plants was at 24 MT. On April 30, it came down to 19 MT and on May 15, it came down to 15 MT. However, because of (coal) imports, it has gone up to about 22.9 MT again,” the minister said, replying to a question related to coal availability.

When asked if the government is planning to increase the buffer stock of coal anticipating production and supply issues during the approaching rainy season, he replied in affirmative.

“This happens every year during the rainy season. The domestic coal production falls. So we are preparing for that. During the monsoon July-September, daily demand will come down to 2.1 MT because the temperature will drop.

“But at the same time domestic coal supply will also come down. So, the gap will be increasing. That’s why this import is happening. I believe the buffer should be at least in the range of 40 MT,” the minister said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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