HomeNewsBusinessCompaniesNo shortage of coal; 23 days stock available for power plants

No shortage of coal; 23 days stock available for power plants

"Multi-dimensional efforts are underway by Coal India Limited to substantially enhance coal production to meet the coal requirement. As on August 8, 2016, coal stock for 23 days is available with thermal power stations," Coal Minister Piyush Goyal said during question hour.

August 11, 2016 / 13:16 IST
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There is no shortage of coal in the country and coal stock for 23 days is available with thermal power stations, Lok Sabha was informed today.

"Multi-dimensional efforts are underway by Coal India Limited to substantially enhance coal production to meet the coal requirement. As on August 8, 2016, coal stock for 23 days is available with thermal power stations," Coal Minister Piyush Goyal said during question hour.

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Making it clear that there was no shortage of coal anywhere in the country, he said a special window of e-auction exclusively for power sector has been opened to make coal available to those power plants which are stressed or in short supply as they do not have coal blocks or linkages or long-term Power Purchase Agreements.

"In 2015-16, 13.79 million tonne and in 2016-17, 12.448 MT of coal was made available through auction in special forward e-auction for power sector," he said.