financetom
Economy
financetom
/
Economy
/
Coal imports by power sector in April-May reduced 15%, says Piyush Goyal
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Coal imports by power sector in April-May reduced 15%, says Piyush Goyal
Jul 4, 2018 9:00 PM

Coal imports by the country's power industry reduced by nearly 15% during April-May this year in view of increased supplies from state miner Coal India Ltd (CIL), Coal Minister Piyush Goyal said on Wednesday.

This detail was provided by Goyal here while launching his ministry's Coal Mine Surveillance and Management System (CMSMS) and the mobile App "Khan Prahari" designed to prevent pilferage of coal and its illegal mining.

"During April and May 2018, there has been a reduction of 14.7% in coal imports solely by the power sector," the Minister said.

"Instead, CIL despatch to the power sector during the first quarter of the fiscal stood at 122.84 million tonnes (MT), while it had supplied 106.46 MT in the same period last year. So 16 MT more have been despatched which is an increase of 17.9%," he added.

Earlier this week, CIL announced that the number of power stations having critical stock has come down from 30 at the beginning of the fiscal to 16 as of June 2018.

Of the overall coal supplies of the company during the first quarter ending June, supplies to the power sector accounted for 80% and the state miner said that a request has been made to thermal power plants to boost their coal stocks.

Speaking to reporters on the sidelines of the event, Goyal refuted reports of shortage of coal in Delhi's power plants.

"The Delhi government recently revised upwards their demand for coal and have fulfilled these. All Delhi power plants are being refuelled and even as I speak supplies are on their way," he said.

"Delhi has no coal shortage. What is required is the upgradation of Delhi distribution systems to be able to cope in future with high peak demand of 6,500-7,000 megawatt," he added.

First Published:Jul 5, 2018 6:00 AM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved