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Date: 30/04/2024

Govt targets 20 pc more coal stock at power plants

The government is expecting a closing stock of around 38-40 million tonnes at domestic coal-based power plants by June 30, when the summer demand starts cooling off from highs and monsoon logistical disturbances pick up. The target is 13-19% higher than the stock on the same date last year. The stock is expected to be sufficient to start the monsoon season when coal production and evacuation typically slow down. There is a massive improvement in rail transportation in Mahanadi Coalfields. The average rake supply here is currently at 99-100 per day compared with 94 per day in FY24. The start of coal transportation from Dhamra and Gangavaram ports a few months back and restart of production from Rajmahal mines last year have also helped in increasing the supply to power plants, said a report.

Source: Exim News Service: New Delhi, April 29