Coal Secretary said there was no shortage of coal and blamed power producers for low fuel stocks at plants
Since September, the power producted declined resulting in Mahadiscom resorting to load shedding for almost 8-10 hours
Coal stocks at power plants across the country have declined to a point where they can meet the requirement for an average of only six days
Coal supply crunch, less hydropower put stress on volume and prices in the spot market
Instead of buffer stock of 30-40 days, most power stations currently have a stock for only 2 to 3 days
State-owned firm eyeing to achieve a production target of 1 billion tonnes by 2020
CIL that accounts for over 80% of domestic coal production dispatched 385.4 MT of dry fuel in 2014-15
However, industry players bat for long-term policy framework to end uncertainty
CIL has achieved 9.2% increase in production this year so far