Coal India Limited to increase coal supplies to meet rising demands
COAL & MINING

Coal India Limited to increase coal supplies to meet rising demands

Coal India Ltd (CIL) has announced that it will increase coal supplies to utilities to address coal shortages across the country's power plants, leading to fuel shortages at a time when electricity demand is rising.

From October onwards, deliveries to coal-fired plants will be capped at 1.5 million tonnes per day, rising to 1.6 million tonnes in due time.

Over a month ago, the Ministry of Power warned of a coal shortage caused by rising electricity demand and convened emergency meetings with stakeholders to address the issue, but the coal deficit has grown rather than shrunk.

Power demand in the country increased 13.2% in the first eight months of 2021, after falling for the first time in more than three decades in 2020.

Higher power demand has resulted in a rally in the shares of Indian power producers such as NTPC Ltd, Tata Power, and Torrent Power.

On September 27, 112 of the 135 coal-fired power plants had stocks that would last less than a week, compared to over 70 plants a month earlier.

According to CEA data, over 70 plants had stocks for less than three days on September 27.

Despite the fact that Coal India's supplies to power plants have surpassed pre-Covid levels, Indian utilities are experiencing a coal shortage.

From April 1 to September 28, Coal India delivered about 243 mt of coal to utilities, a 24% increase over the same period last year and an 11% increase over April-September 2019.

Image Source

Also read: CIL launches Spectral Enhancement (SPE) to ease coal supply process

Coal India Ltd (CIL) has announced that it will increase coal supplies to utilities to address coal shortages across the country's power plants, leading to fuel shortages at a time when electricity demand is rising. From October onwards, deliveries to coal-fired plants will be capped at 1.5 million tonnes per day, rising to 1.6 million tonnes in due time. Over a month ago, the Ministry of Power warned of a coal shortage caused by rising electricity demand and convened emergency meetings with stakeholders to address the issue, but the coal deficit has grown rather than shrunk. Power demand in the country increased 13.2% in the first eight months of 2021, after falling for the first time in more than three decades in 2020. Higher power demand has resulted in a rally in the shares of Indian power producers such as NTPC Ltd, Tata Power, and Torrent Power. On September 27, 112 of the 135 coal-fired power plants had stocks that would last less than a week, compared to over 70 plants a month earlier. According to CEA data, over 70 plants had stocks for less than three days on September 27. Despite the fact that Coal India's supplies to power plants have surpassed pre-Covid levels, Indian utilities are experiencing a coal shortage. From April 1 to September 28, Coal India delivered about 243 mt of coal to utilities, a 24% increase over the same period last year and an 11% increase over April-September 2019. Image Source Also read: CIL launches Spectral Enhancement (SPE) to ease coal supply process

Next Story
Infrastructure Energy

REC Transfers HVDC Project to Power Grid

REC Limited has successfully handed over the Special Purpose Vehicle (SPV) for a High-Voltage Direct Current (HVDC) transmission project to Power Grid Corporation of India Limited (PGCIL). This strategic move aligns with the nation's objectives to strengthen its power transmission network. Key Highlights: Project Overview: The HVDC project, under the inter-state transmission system (ISTS) initiative, is a critical component of India's push toward robust and efficient electricity transmission. It aims to handle bulk power transfer across long distances while ensuring minimal losses. Role of RE..

Next Story
Infrastructure Transport

NF Railway Collaborates with IIT Guwahati

The Northeast Frontier (NF) Railway has signed strategic Memorandums of Understanding (MoUs) with IIT Guwahati to foster technological advancements and improve railway operations in the region. This partnership focuses on innovative solutions to enhance safety, efficiency, and sustainability in rail infrastructure. Key Highlights: Purpose of MoUs: The collaboration aims to leverage IIT Guwahati's expertise in technology and research for implementing cutting-edge solutions across railway operations. Key areas of focus include: Automation and digitization in maintenance. Sustainability initiati..

Next Story
Infrastructure Transport

Danapur Division Modernization Plans Revealed

The Railway Board has unveiled ambitious plans for the expansion and modernization of the Danapur Division, a critical hub under the East Central Railway. The initiative focuses on infrastructure development, enhanced passenger amenities, and operational efficiency. Key Highlights: Scope of Modernization: The Railway Board's blueprint emphasizes: Upgrading existing infrastructure to accommodate more passenger and freight traffic. Improving station facilities, such as platforms, waiting areas, and connectivity. Introducing advanced signal systems for safer and smoother operations. Freig..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000