As per the critical or subcritical levels of coal stock as per the technical criteria, 103 thermal power plants had less than seven days of stock as on September 26, 2021, it stated. However, it said that with an increase in thermal generation requirement, the inventory levels are now correcting, and have reduced to an average of 23.6 mt in the period under review.Īs on September 26, 2021, the inventory levels stood at 8.4mt. The average inventory at thermal power stations increased to 38.6 mt in 2020-21, led by a decline in thermal power generation requirement (2019-20: 28.6 mt), it stated. The coal production by Coal India increased marginally to 209.2 million tonne (mt) in April-August period of the ongoing fiscal year as compared to 195 mt in the year-ago period, it said.įurthermore, the coal offtake by thermal power plants increased to 259.6 mt in the five-month period this fiscal year. The speedy recovery in power demand post the second wave of COVID-19 infections, coupled with lower than adequate domestic coal production, led to a reduction in coal inventory levels at various power plants, it said. In light of the expected high imported coal prices, the short-term power prices in India are likely to remain elevated, it stated. This is reflected in low inventory stocks at power plants, and therefore, a part of the increased energy demand will have to be met through imported coal, Ind-Ra said.
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