Highest Ever Coal Stocks Available At Thermal Power Plants The demand of Coal based power has grown by 7.30 per cent in this FY compared to last year in same period.

By Paromita Gupta

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Photo Curtesy: Freepik

In order to ensure a consistent supply of coal to thermal power plants, Ministry of Coal has ensured the highest ever stocks of Coal at the thermal power plants.

This proactive initiative aims to secure uninterrupted power for citizens nationwide during this peak demand period. Despite extremely high demand for power, the coal stocks at Thermal Power Plants remain robust, exceeding 45 million tonnes (MT) as on June 16, 2024, which is ~ 31.71 per cent higher compared to the same period last year when it was 34.25 MT.

The demand of Coal based power has grown by 7.30 per cent in this FY compared to last year in same period. This is highest ever demand of coal.

The cumulative coal dispatch stands at 220.31MT as on June 16, 2024, with a growth of 7.65 per cent compared to the corresponding period last year which was at 204.65 MT. Coal India Limited recorded 166.58 MT in dispatches, growing by over 4 per cent compared to the corresponding period last year which was 158.91 MT. Coal dispatch from captive and commercial mines is recorded at 39.45 MT, with a growth of 30 per cent. Dispatch to the power sector stands at 180.35 MT, reflecting a growth of 5.71 per cent compared to 170.61 MT last year.

The overall coal stock in the country (mines, transit, power plants) is over 144.68 MT, ensuring a sufficient coal supply to the power sector.

The Ministry of Railways has ensured 10 per cent average growth in the daily availability of railway rakes, with an average of 428.40 rakes per day supplied daily as of June 16, 2024. The evacuation through coastal shipping has also experienced significant growth. Traditionally, coal was transported via Paradip port only, but now, under proper coordination according to the coal logistics policy, coal is also being evacuated through Dhamra and Gangavaram ports. The infrastructural augmentation in the railway network has notably improved the movement of rakes from Son Nagar to Dadri, resulting in more than a 100 per cent improvement in turnaround time.

The Ministry of Coal is fully committed to ramp up coal production and transportation, ensuring power plants have ample reserves to meet the surge in electricity demand. These coordinated efforts have significantly contributed to maintaining a steady and efficient coal supply to meet the high power demand.

Paromita Gupta

Entrepreneur Staff

Features Writer with Entrepreneur India

Covering news and trends in AI and Metaverse segments. An avid book reader running her personal blog on the side. You may reach me at paromita@entrepreneurindia.com. 
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Marketing

7 Local SEO Strategies I've Used to Help Businesses Boost Their Revenue 10x — Especially Blue-Collar Companies

Discover actionable local SEO strategies for service-based businesses like pest control or auto glass repair. Boost visibility, reviews and leads with these tips.

Business News

'When You Lock Up Products You Lock Out Customers': CVS Is Testing an App That Lets Shoppers Unlock Store Cases Themselves.

CVS is testing new functionality on their CVS Health app that allows users to unlock those annoying plexiglass cabinets.

Business News

Over 1,300 Google Employees Have Signed a New Petition Asking For Job Security

Google laid off thousands of employees in the past two years, which has left some employees feeling insecure about keeping their jobs.

Employee Experience & Recruiting

If You Want to Hire Good Entry-Level Talent, Offer These 3 Game-Changing Opportunities

Finding and hiring good entry-level talent can be a daunting enterprise for small businesses. What can they do to stand out in a time of talent scarcity?

News and Trends

How GST Budget Reforms Could Shape the Future of India's MSME

The GST reform holds immense potential to bolster India's MSME sector, but its current framework requires critical refinements to address its challenges. The upcoming budget is expected to make major reforms for MSMEs as the backbone of the country.