Soon after taking charge, new CIL chairperson Anil Kumar Jha said that the Power Ministry had set a daily supply level to ensure that every thermal power plant was carrying 22 days consumption of coal – the normative stock as laid down in standard operating procedures.
Owing to past issues, coal stocks had fallen to critical levels. However, CIL’s daily supplies of 1.4-million tons would enable power plants to increase stock, but they would have to make timely bookings as per their fuel supply agreements. He said that the general practice of minimising fuel inventories to check cash flow was not prudent in the case of bulk fuel consuming industries.
As reported earlier by Mining Weekly Online, according to data sourced from the Central Electricity Authority (CEA), on April 22, thermal power plants with aggregating generation capacity of 140 065 MW had coal stocks of 15.01-million tons, equivalent to about nine days’ consumption, against a normative stock requirement of 22 days set by CEA. Read More
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