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Coal India’s supplies to power plants up by 9.2%

Coal India’s supplies to power plants up by 9.2%

by | May 25, 2021 | Business, Corporate, Corporate Governance, Large Enterprise

Coal IndiaKolkata : Coal India Ltd (CIL) on Sunday said coal supplies to power utilities increased by 9.2 per cent to 290.59 million tonnes (mt) during April to November period of the current fiscal compared to 266 mt during same period last year.

“On the back of higher rake loading, CIL’s coal supplies to power utilities of the country posted a healthy 9.2 per cent growth at 290.59 mt during April-November 2017 continuing the upward spiral. This translates to a robust 24.59 mt increase in absolute terms compared to 266 MTs during April-November 2016,” the miner said in a statement.

For November only, the growth in coal supplies to thermal power stations of the country was up by around 9 per cent at 40.92 mt as against 37.56 mt supplied during year-ago month.

The increased supplies saw the coal stocks at power stations going up by over two mt to around 10 mt at the end of November 2017 compared to closing stock of 7.9 mt in October 2017. The miner said it was gearing up to step up the supplies even further to pull the power stations out of the critical situation.

Average rake loading per day to the power sector recorded a growth of 6.8 per cent during the eight-month period of current fiscal.

“Coal India as a whole loaded 191.7 rakes per day to coal based generating units of the country during April-November 2017 compared to 179.5 rakes same period last year. The increase in absolute terms is 12.2 rakes per day. November 2017 witnessed invigorated loading by the miner with the average loading for the month raising to 217.3 rakes compared to 199.7 rakes, same month last year with a strong growth of 8.8 per cent,” CIL said in a statement.

Coal supplies to non-power sector have been gradually increasing with stabilisation of supplies to power houses, it said.

“Rake loading per day to the entire consumer base of CIL grew by 4.1 per cent for the eight-month period of the fiscal ending November 2017, averaging 218.3 rakes during the period against 209.8 rakes on a year-on-year comparison,” it said adding that the overall rake loading peaked to 261 rakes on November 29 with month’s average settling down at 241.1 rakes evincing a growth of 2.5 per cent compared to 235.2 rakes during November 2016.

—IANS

Plan to give adequate coal to power plants executed: Ministry

Plan to give adequate coal to power plants executed: Ministry

by | May 25, 2021 | Corporate, Corporate Governance

coal to power plantsNew Delhi : On the eve of Diwali, the Union Power Ministry announced that a detailed plan has been put into action from Wednesday to ensure sufficient supply of coal to power plants.

An official statement here following a joint review of the fuel supply situation by Power Minister R.K. Singh and Railways and Coal Minister Piyush Goyal said the ministers had also spoken to states, which had requested for more supply of coal.

“A detailed plan has been agreed which would be implemented from October 18, 2017 (Wednesday) and would ensure sufficient supply of coal to power plants,” a Power Ministry statement said.

The ministers also noted that supply to states like Maharashtra had improved and efforts would be made to improve the coal supply at all the power stations with low stocks, the statement said.

The review follows complaints by some power producers about facing low coal stocks at their plants.

According to a Central Electricity Authority (CEA) daily report, as many as 22 plants had coal for less than four days, while four had stocks for less then a week, as on October 16.

The ministers also agreed that the issues with some Damodar Valley Corporation power plants, arising from closure of the Dhanbad-Chandrapura railway line, would be resolved expeditiously.

The statement said that press reports had highlighted the rise in price of power on the power exchange on October 16, to Rs 10.8 per unit.

It said that power prices on the Indian Energy Exchange on that day on an average was Rs 5.45 per unit, and maximum price were Rs 10.80 only for half an hour from 6.30 pm to 7.00 pm.

The prices on Wednesday dropped to average for the day of Rs 4.33 per unit, the statement added.

—IANS