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Adequate coal stock available, can meet 18.5 days' thermal power need: Govt

Business Standard LogoBusiness Standard2d ago

Adequate coal stock available, can meet 18.5 days' thermal power need: Govt - Business Standard

Quick Summary:

Keeping in view the "monsoon effect in coal production, coal ministry has ensured 98.67 MT stock availability at the pithead of mines (including coal in transit) as on June 30, 2024, which is 33.5 per cent higher over last year's position".

"This stock position is 33 per cent higher over stock position of same time during last year," the coal ministry said in a statement.Coal production grew 10.58 per cent in the June quarter, it said, adding that supply of coal saw a rise of 8.50 per cent.

The coal stocks at domestic TPPs as on Saturday stood at 44.46 million tonnes (MT), which is sufficient to meet the requirements of 18.5 days as per present level of consumption.


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Article Details

Category: BusinessFinance

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News Sentiment: Neutral

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Article Type: News Report

Published On: 2024-07-01 @ 22:51:33 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 416 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21446671

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Official Website: business-standard.com

Update Frequency: 287 posts per day

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