Financial basis

Enough coal in the country, stocks replenished daily: Pralhad Joshi

Coal Minister Pralhad Joshi said on Saturday that there is sufficient availability of coal in the country as 72.50 million tonnes (MT) of dry fuel is available from different sources and 22 MT from thermal power plants.

The Minister claimed that available coal stocks will last for a month and availability is replenishing daily with record production.
Joshi said that currently, 72.50 MT of coal is available from different sources from Coal India Ltd (CIL), Singareni Collieries Company Ltd (SCCL) and coal washeries among others.

According to the government’s provisional data, total coal production in FY 2021-22 was 777.23 MT compared to 716 MT in FY21, registering a growth of 8.55 percent, the official said. coal ministry in a statement.

Coal India Ltd (CIL) production increased by 4.43% to 622.64 MT in FY22 from 596.24 MT in FY21. SCCL recorded growth of 28 .55% to reach 65.02 MT in FY22 from 50.58 MT in FY21.

At the same time, coal production from captive mines increased to 89.57 MT. In FY21, it was only 69.18 MT.
Total coal shipment in FY22 increased by 18.43% to 818.04 MT from 690.71 MT in FY21.
CIL represents more than 80% of national coal production.

Heat waves in several parts of India, consequent increase in electricity demand and fears of a shortage of coal have triggered planned blackouts in many states of the country, including Maharashtra.

Union Minister Raosaheb Danve said there was enough coal to power the power stations and alleged that the Maharashtra government was busy blaming the Center instead of providing electricity to the citizens.

Maharashtra Energy Minister Nitin Raut previously said load shedding in the state was a result of increased easing demand for electricity from COVID-19 curbs, and accused the Center of misconduct. coal supply management.