Coal news and updates

Coal stocks at power plants fall 9.46%

August 29: Coal stocks at 100 thermal power plants (TPS) in India fell by almost 9.46% as on August 27 compared to July 31, 2014 mainly due to lower supplies from Coal India Ltd (CIL), according to data released by the Central Electricity Authority (CEA).

Coal stocks at the 100 TPS stood at 8.89 million tons (mt) on August 27, down from 9.82 mt recorded a month ago on July 31, data showed.

However, in terms of days, coal stocks stood lower at 6 days on August 27 as compared to 7 days as on July 31, data revealed.

The stocks of imported and domestic coal stood at 0.927 mt and 7.963 mt respectively on August 27 while imported and domestic coal stocks stood at 1.023 mt and 8.796 mt respectively on July 31.

The change in the overall coal stocks situation also affected the number of plants facing a critical coal stocks situation of less than four days, the CEA data revealed.

The number of plants facing critical coal stocks position of less than seven days stood much higher at 52 on August 27 as compared to 47 plants facing a similar fate on July 31.

The number of plants facing a super-critical coal stocks scenario of less than four days also stood higher at 26 on August 27 while on July 31, a total of 24 plants faced a similar situation.