New Delhi: The government on Tuesday said India currently has adequate coal reserves to meet the country’s energy needs, with production and supply exceeding consumption this year.
In a statement, the Ministry of Coal said the steady rise in coal output has led to record-high stock levels at mines and thermal power plants, ensuring stable fuel supply for the power sector.
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According to the ministry, the total coal stock in the country stands at around 210 million tonnes (MT), which is sufficient to meet demand for nearly 88 days.
The statement noted that about 6 MT of coal is available at the mines of Singareni Collieries Company Limited, while over 15 MT is stocked at commercial mines and around 14 MT is currently in transit.
Government has said that the country currently has adequate #coal stocks to meet energy requirements. @CoalMinistry said coal production and supply in the country have remained higher than consumption this year, resulting in record-high coal stocks at thermal power plants and… pic.twitter.com/HqRcpwF3ch
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Coal reserves at thermal power plants stood at about 54 MT as of March 9, enough to sustain operations for nearly 24 days at the current consumption rate, the ministry said.
The government also highlighted improved supply to the non-regulated sector, which has increased by around 14 per cent compared to last year.
Meanwhile, pithead coal stocks at the mines of Coal India Limited have risen to over 121 MT, reflecting sustained growth in domestic production.
The ministry said coal production continues at a steady pace, allowing inventories to build up at mine sites and ensuring sufficient supply to consumers even in the event of a sudden surge in demand.
