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August 6, 2013

Coal India supplied 88% of committed coal to the power plants during Q1 of 2013...

 

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During Q1 of the current financial year, Coal India Limited has supplied around 86.39 million tonnes of coal to power sector which is almost 88% of the commitment of 96.41 million tonnes under the Fuel Supply Agreements (FSA).

As said by the Coal Ministry, during April 13 coal stocks with power plants has gone up to 19.75 million tonnes which is equivalent to 14 days' requirement whilst as on July 29, 2013 same was around 22.02 million tonnes which was equivalent to 18 days' requirement.

Presently, 65 power plants are carrying coal stock equivalent to more than 15 days' requirement and as a result, quite a few power stations have started regulating coal supplies to avoid further build up of stock at their end.

Coal supply to power sector is monitored regularly by an inter-ministerial sub-group comprising representatives of ministries of coal, power and railways.

This sub-group suggests various decisions to ensure uninterrupted coal supplies to power utilities and for meeting any contingent situations relating to power sector including critical coal stock position.

Coal India Ltd had supplied 343.79 million tonnes of coal to power companies during 2012-13, a growth of more than 10% over the previous year. This was against a supply target of 342.31 million tonnes for the year

CIL has guaranteed to supply 90% of annual contract quantity for thermal power plants commissioned prior to March 2009 and 80% of the quantity for projects commissioned thereafter.

 


More literature on this topic...

http://articles.economictimes.indiatimes.com/2013-08-05/news/41093185_1_coal-india-ltd-coal-supply-fuel-supply-agreements


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