Coal stocks: No more fear of ‘Batti Gul’ in the country, coal stocks increased in October: Coal stocks rose 27 percent in October for tuta power supply

History highlights

  • 27.13 percent increase in the supply of coal to the electricity sector
  • Stocks still short on some plants

The ‘Batti Gul’ problem had arisen last month due to the coal crisis. Along with this, the pace of industries and businesses also got restless. But now there is no shortage of electricity. Because the stock of coal has increased. Coal supply to the power sector increased 27.13 percent to 59.7 million tonnes in October.

In fact, the supply of coal to the region has increased due to increased demand for electricity amid a sharp rise in import prices. Many power plants in the country are currently facing a coal shortage.

It is still a small problem for the industries.

In October last year, the supply of coal to the electricity sector stood at 468 million tons. However, according to government data, coal supply to the sponge iron sector fell 29.2 percent last month to 4.6 lakh tonnes from 6.5 lakh tonnes.

Coal supply to the cement sector fell from 6.8 lakh tonnes to 4.7 lakh tonnes. Coal supplies to sectors other than steel and cement also fell to 4.19 million tonnes from 6.71 million tonnes in the same month a year earlier.

Union Coal Minister Prahlad Joshi recently asked Coal India and its associated companies to ensure that thermal power plants have at least 18 days of coal reserves by the end of November. Coal India’s share of domestic coal production is over 80 percent.

Government focus on increasing coal production

According to PTI, Coal India is temporarily prioritizing the supply of coal to power producers. Union Coal Minister Pralhad Joshi had also asked the heads of public sector coal companies to set revised targets and formulate a detailed strategy to achieve them.

Significantly, coal is the main fuel in India. About 70 percent of electricity is produced from coal. There are 135 power plants in the country, where electricity is produced from coal. However, still many industries, from steel to oil refineries, are also facing difficulties.

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