The federal government on Wednesday declared that coal materials were enhancing, even as fuel stocks with thermal power stations were still hovering around abysmally low levels and striking electrical energy materials in lots of parts of the nation. Coal stocks at power plants on Wednesday had to do with 7.3 million tonne (MT), enough to satisfy simply 4 days’ requirement.
Coal materials to power systems on Tuesday stood at 2 million tonne (MT), which were slightly above the day-to-day average intake of 1.9 MT/day, Union coal minister Pralhad Joshi stated.
He included that if materials were sustained, it would assist power plants to develop dependable stocks at their end. “We are increasing coal dispatches to power plants further to ensure sufficient coal stocks at power plants,” Joshi tweeted.
Around 1,42,054 mega-watt (MW) power capability or 68% of coal-based generation capability in the nation are keeping up coal stocks for 6 days or less.
Electricity supply scarcity of 82 million systems (MU) was tape-recorded on October 12 throughout the nation, a limited enhancement from the shortage of 86.9 MU a day back. Highest power supply lacks were tape-recorded in Rajasthan (17.9 MU), Punjab (15.3 MU), Gujarat (12.5 MU), Haryana (8.3 MU) and Bihar (7.8 MU).
“India’s power supply fell about 750 MU short of demand during the first 12 days of October, largely due to a coal shortage, a deficit of 1.6% that was the worst since March 2016,” Reuters reported pointing out information from the nationwide grid management company. “The October shortfall was already the biggest in absolute terms for a single month since November 2018, even with 19 days of October still left,” the company included.
“While we are counting coal stocks in days, several states are stating imminent crisis and exchange prices are going up… (however) the situation should be manageable and there should not be any widespread (power outages),” Somesh Kumar, EY India power and energies leader, stated.
He included that “next few days could be telling but we are quite hopeful that the situation will be managed”. Analysts at India Ratings stated that “the situation would normalise by end-December when coal production increases daily to around 2.5 MT”. However, high coal requirement by the power sector may leave the other sectors such as cement, aluminium and steel in stumble which would need to increase their reliance on imported coal, India Ratings mentioned.
As FE just recently reported, power plants have actually been asked by the federal government to “expedite the process of importing coal for blending (with domestic coal) to meet the requirement”. In a current conference in between Union power secretary Alok Kumar and producing business, it was chosen that power plants can consume to 10% of their fuel requirement through imported coal, which will be mixed with domestic coal.
“There are not going to be any (coal) deficiencies which may lead to any shortfall of (power) supply,” Union finance minister Nirmala Sitharaman stated at Harvard Kennedy School on Tuesday.