on Tuesday said it has scaled up supplies to power utilities to 1.51 million tonnes per day during the past four days of October ahead of the festival.
The total off-take has gone up to 1.73 MTs per day during October, till Monday, posting 10% growth over same period last year, company’s director marketing S N Tiwary said.
“The aim is to ramp up supplies to power sector even higher which we hope to achieve post puja. Once the dispatch rate is maintained the stock build up will help tide over the tight situation” he said.
produced close to 126 MTs of coal during current fiscal’s second quarter, a record high, posting 9.6% year-on-year growth. During the first ten days of October CIL’s output logged 6.5% growth over last October. Going forward, the production will increase further when the attendance at coalfields improves after festival holidays, he said.
CIL’s supplies to power generation companies have been at an all-time high till now this fiscal but high demand and power generation upset the demand-supply scales.
Once October and major festivals are over conditions will improve and the power demand is expected to be down by a notch, easing the pressure.
During H1 of the current fiscal loading to power sector at 225.3 rakes per day was up 28% compared to 176.3 rakes of last year same period. The company is building up adequate evacuation logistics to transport coal.
He said 14 imported coal based power plants have scaled down their generation due to record high coal prices in the international markets. As a consequence, domestic coal based thermal power plants had to step in to fill in the generation shortfall, which in turn placed an unfactored load of around 10 MTs on CIL. Had this not happened the stocks at power plants would have been around 17MTs to 18 MTs instead of the bleak 7 MTs now, he said.
During September, generation from imported coal plants at 2, 041 MW fell short by 75% against the target of 8,114 MW. The generation logged a negative growth of 72% compared to September’20 when they generated 7,238 MW.
“CIL is marshalling all its efforts to bridge the demand supply gap to the extent possible. With 40 MTs stock at our pitheads and increasing production, availability of coal would not be a problem,” he said.