Coal India to boost supplies to power stations
KOLKATA: Supplies by Coal India to power utilities witnessed 11% growth during August 2017 in comparison to the previous corresponding period. This helped coal fired power generation go up by 18% during the period.
Till 27th August, the company supplied 26.5 million tonnes of coal to generating units against 23.9 MTs on a like-tolike comparison of previous year. Progressive despatch during April-August 2017, including despatch through special forward auction for power was around 166 million tonnes, up 6 million tonnes over same period last year reflecting a growth of 3.7%.
In the face of hydel power generation falling by some 11% during the month, CIL with its increased supplies helped the generating units meet a portion of additional power demand in the country. However, increased power demand has substantially reduced stocks at power plants by almost 4 million tonnes in August. “If the depletion of stocks leads to higher demand for coal, CIL would be able to pick up the production to higher levels suiting to the demand for the coal,” a senior Coal India executive said.