For the upcoming monsoon season, which is also the time when coal mining activity is reduced, NTPC is shoring up its own reserves
The statement comes amid certain parts of the country witnessing power outrages in the wake of fuel shortages
So far in May, 1,205 rakes allotted to the seven companies of CIL have incurred delays. This is close to a third of CIL's total loading.
The NTPC tender for the import of coal assumes significance in view of the ongoing dry fuel shortage at power plants
Section 11 of the Electricity Act gives the government the authority to order any generating company to operate and maintain its stations in accordance with the order
Data shows the Railways has around 3,82,562 wagons, out of which 1,31,403 are open wagons and 3,636 of whom are in need of repair as of May 2
The move, which marks first time the country is issuing timelines for imports, can put pressure on the global prices of coal as the utilities rush to avoid a repeat of the electricity crisis in April.
Days after the developed world sought to belittle India for continued oil imports from Russia, COP26 president Alok Sharma's endorsement of a letter by UK's Secretary, Business, Energy & Industrial Strategy on Sunday came under severe criticism from all quarters for encouraging fossil fuel going against his role of head of the climate negotiations conference.
The national transporter is of the view that coal supply is now reaching normative levels and does not need any more special measures
Currently, some 59 per cent of the power plants dependent on domestic coal are running low on coal stock
Federal government-run Indian Railways has cancelled 753 passenger train services, the government said
Union Power Minister R K Singh met Railways Minister Ashwini Vaishnaw to discuss higher availability of rakes for power sector for increasing coal supply to thermal plants amid rising demand
The peak power demand met was around 167GW while the peak shortage of electricity was 0.63 GW on April 22, 2021.
The Indian Railways has recorded a 20.4 per cent growth in its coal transportation in the 2021-22 financial year over the previous fiscal, the national transporter said on Saturday.
User industries like metals, cement as well as merchant power producers without captive coal mines likely to feel the heat
The Congress leader further said that the allegations of corruption in the allocation of coal mines, which were made during the UPA regime, were later found to be false
The statement assumes significance amid reports of coal shortages due to rising demand for electricity with the onset of summer season
It has also allowed tolling which essentially would mean giving electricity producers access to coal near a plant rather than transporting it from allocated mines that may be in far away areas
India is likely to face more power cuts this year as utilities' coal inventories are at the lowest pre-summer levels in at least nine years
The capex boost of Coal India was to catalyse the output growth and align it with evacuation outlets.