From Financialexpress · Saurav Anand · · 1m 10s
Coal stocks stabilize as power plants recover
India's power plants see improved coal supplies after September dip.
In brief
India's power plants see improved coal supplies after September dip. India's thermal power plants stabilized coal stocks after September's sharp decline, with rail movement improving but many plants still facing low coal stocks. Originally reported by Financialexpress.
Coal stocks stabilize
India’s thermal power coal supplies have stabilized after a sharp September dip, with improved rail movement and supply above plan.
107 plants face low stocks
As of October 10, 107 of 191 monitored plants had only 0-5 days of coal stock.
Coal stocks rise
Aggregate coal stocks at domestic power plants stood at 18.205 million tonnes on October 10, against 18.932 MT on September 29.
Daily coal depletion slows
Coal stocks declined by 0.56 MT in the first 10 days of October, or 0.06 MT a day, one-fourth of September’s daily pace.
Rail movement improves
Rakes loaded for power sector averaged 469 a day between October 1 and 10, about 10% higher than September’s 426 rakes.
Supply meets plan
Coal supply to plants averaged 2.49 MT a day in October, above the October plan of 2.37 MT a day on nine of the first 10 days.
The bottom line
India's thermal power plants stabilized coal stocks after September's sharp decline, with rail movement improving but many plants still facing low coal stocks.
