APMDC Suliyari coal upcoming auction 1,50,000 MT for MP MSME on 2nd Dec 2024 @ SBP INR 2516/- per MT
Registered User
New UserNo coal imports for NTPC again
05 Jul 2016
NTPC, India's largest power generator and coal consumer, will not import any
coal this year for the second year running. It plans to source its entire requirement of 155
million tonne from home to run 40 GW of thermal capacity.
"We will take delivery of coal import orders placed during 201415. The volume of import will
be far less than a million tonnes. Following this year, there is not likely to be consumption of
imported coal," said a senior NTPC official.
In contrast, in 201415 the company had to import 16 million tonnes of coal because a large number of its power plants were reeling under
dwindling coal stocks as the fossil fuel was in short supply.
After 201415, the scenario changed as Coal India managed to clock near 10% production growth. Stock position changed from less than
adequate to more than necessary and NTPC no longer required imports. "Whatever coal would be received at ports would be the final
delivery of orders placed several months ago," he said.
NTPC is looking to simplify its coal supply logistics now that it has government clearance to get its coal from sources that reduces cost.
Cheapest coal would be sent to the most efficient plants so generation cost declines.
"Coal stock positions at both pit heads and power plants are full to brim, so much so that power companies are asking CIL to ease flow.
Coal at power stations is good to generate power for 22 days at a stretch. It has forced CIL to go slow on production too. It is exposing
coal seams and making it ready for production whenever required," a senior official said.
Source: Economic Times