India has coal stocks to meet 62 days of power demand: Coal Ministry
The Indian Union Coal Ministry announced that the country holds sufficient coal stocks to meet 62 days of power sector demand. Recent data shows a 7.51% year-on-year increase in coal production for July, ensuring a stable buffer for electricity generation.
Why it matters
Energy security is critical for India's economic growth, and maintaining coal reserves prevents power outages during peak demand periods.
India has adequate coal stocks to meet approximately 62 days of the domestic power sector’s consumption requirements, the Union Coal Ministry informed Thursday.
As on August 4, thermal power plants have about 34.55 million tonnes (MT) of coal, the ministry said, adding further, about 113 MT of coal was lying at pitheads and in-transit combined. Cumulatively, the total available stock stood at 148 MT.
“This is adequate to meet about 62 days of the power sector’s coal consumption requirement, providing a comfortable buffer,” the ministry emphasised.
Coal stocks indicated are specific to a period. With production ongoing, the stocks are replenished.
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