Coal India (CIL) has drawn up plans to boost coal stock at thermal power plants to over 45 million tonnes (MT) from its own sources by the end of the ongoing fiscal (FY22). The company is aiming for the highest-ever closing stock at power plants. The previous high was 45 MT in 2020.
The intent is to maintain steady supply of coal to power plants during summer and monsoon months to avoid disproportionate demand-despatch scenario. The focus is also to reduce coal imports in substitutable category. Coal stock enhancement to 45 MT at thermal power plants by the fiscal end is based on a projection where the average coal fired power generation of previous five years, from December to March, was considered and increased by 7 per cent.
Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.
Company Name | CMP |
---|---|
Coal India | 448.60 |
NMDC | 264.95 |
GMDC | 409.25 |
Sandur Manganese | 506.65 |
MOIL | 439.85 |
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