ALSO READScanty rainfall, coal crisis plunges Chhattisgarh into power crisis Coal shortage shuts 40% thermal power capacity in Rajasthan, Maharashtra Power prices shoot up to seven-year high of Rs 9.91 in spot market Water crisis due to low rainfall hampers energy, power generation in India Coal prices to stay firm on higher power demand
It also needs to be noted that the volume of power being traded in the market is to the tune of about 150 Million Units (MU) per day against the total generation of around 3750 MU per day(which is around 4%). Discoms are largely meeting their demand through long term / Medium term contracts and the impact of the current spike in the exchange price is marginal.
The total installed generation capacity is around 330GW, out of which the coal based power stations in the country is 193GW which is sufficient to meet the maximum peak demand of 163GW occurred during the current year. At present the maximum peak demand during October 17 is around 160 GW which is around 10 GW higher than the same period last year. The overall growth in generation has been around 6% and the growth of generation from coal based stations was 17% in August 2017 in comparison to the same period last year. Coal based generation continues to see a rise in September and October 2017.
The issue of coal supply to power plants is being addressed in a co-coordinated manner by the three concerned Ministries i.e Ministry of Power, Ministry of Coal and Ministry of Railways. This is being monitored at the highest level and Minister of State for Power reviewed it on yesterday with the three Ministries and coal companies. A detailed plan has been agreed which would be implemented from today (18.10.17) and would ensure sufficient supply of coal to power plants.
Shri R K Singh, Minister of State (IC) for Power and Shri Piyush Goyal, Minister of Railways and Coal jointly reviewed the status on today (18.10.17) and also spoke to concerned States which have requested for enhanced supply of coal. They also noted that supply to States like Maharashtra, has improved and efforts will be made to improve the coal stock in all the power stations with low stocks. It was also agreed that issues with some DVC power plants which are affected due to closure of Dhanbad Chandrapura railway line would be resolved expeditiously. Inspite of the unprecedented rise in the demand for coal based power, due to better coordinated planning on daily, weekly and monthly basis and its implementation by all the stakeholders, the demand of electricity in the grid is being met and all efforts would be made to ensure availability of adequate power in future also.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)