The Union coal ministry is confident that till September-end, there will be 9-10 days of coal stock at the power units
There has also been an increase of 7 per cent in freight leads, or the distance travelled for transportation of goods, which is a source of higher revenue for the railways
In the past one year, the non-power sector has seen coal dispatch fall by 33 per cent
In addition, about 4.5 MT coal stock is available at various goods shed sidings, private washeries and ports and is awaiting to be transported to the power plants
Government data shows buying May 27-June 15 was up 6-fold; US says it does not want to see a 'rapid acceleration'.
This is the 21st consecutive month of the national transporter topping its own freight loading record
Coal supplies at power plants are shrinking amid a grueling heat wave that's pushed electricity demand to a record in recent weeks
The hottest March in more than a century has heralded an early start to summer, increasing power consumption by air conditioners and refrigerators.
The ministry added in a press release that the coal supply to thermal plants is increasing in tandem with an increase in demand for power
It has also allowed tolling which essentially would mean giving electricity producers access to coal near a plant rather than transporting it from allocated mines that may be in far away areas
The coal ministry has taken consistent initiatives to increase the production of coal from captive mines
The stocks are exhibiting positive trend amid reports that Indian Railways is expected to add 100,000 wagons over the next three years
The government on Wednesday informed that India needs 1.3 to 1.5 billion tonnes of coal by 2030.
The fuel supply by CIL to the power sector peaked to a historic high of 493 million tonnes (MT) as on Thursday in the ongoing fiscal
The world's largest coal producer is facing cost pressures from a looming rise in salaries and on higher prices of diesel used to power mine equipment.
The ministry cited the domestic coal supply to the power sector till January 2022, which was 552.65 million tonne
The government said the country's dependence on imports to meet thermal coal demand has sharply reduced and stressed that in the next financial year
While old coal-fired power plants are being phased out, India has not commissioned a new one for some time now. But India's coal demand will still see growth in the short term. What's this paradox?
IEA study supports trend, says India will lead demand growth for the fuel in the world
Despite diplomat-speak at Glasgow, the country will remain a coal-dependent economy well into the future