Top Headlines
Home » Business » With 44.22 % Growth, Overall Coal Stock Position Touches 110.58 Million Tonne

With 44.22 % Growth, Overall Coal Stock Position Touches 110.58 Million Tonne

in Business, National June 15, 2023 Comments Off on With 44.22 % Growth, Overall Coal Stock Position Touches 110.58 Million Tonne 264 Views

Newdelhi:15/6/23:In line with the vision of ‘Aatmanirbhar Bharat’, the Ministry of Coal is focused on ensuring the energy security of the Nation. The Ministry of Coal is actively working towards enhancing coal production and supply efficient transportation of coal to all the stakeholders.

The overall coal stock position i.e., at Mines, TPPs and transit, as on 13th June .2023, reached 110.58 Million Tonne (MT), indicating a substantial increase of 44.22% as compared to the stock of 76.67 MT last year. This higher coal stock position indicates commitment of maintaining an ample supply of coal by the Ministry of Coal.

Additionally, the Pithead coal stock at Coal India Limited (CIL) as on 13 th of this month stands at 59.73 MT, indicating a growth rate of 25.77% as compared to the stock of 47.49 MT on 13.06.2022. This upward trend highlights effective stock management strategies and operational efficiency.

At the same time,  in terms of coal dispatch to the power sector, the cumulative achievement for the FY 2023-24 as on 13.06.2023, amounts to 164.84 MT, registering a notable growth rate of 5.11% compared to the corresponding period of the previous year, which stood at 156.83 MT on 13.06.2022,  ensuring a steady supply of coal to meet the energy requirements of the power sector.

The coal stock at Thermal Power Plants (TPPs) (DCB) on 01.04.2022 was 24.04 MT and 22.57 MT as on 13.06.2022, resulting in  6.1% dip. However, the coal stock at TPPs (DCB) on 1st April, 2023 was 34.5 MT and 34.5 MT on 13.06.2023, meaning no depletion of coal stocks in last two and half months of summer season. This has been possible by ensuring high growth rate of coal production and dispatch during this period. The Coal stock at TPPs (DCB) as on 13.06.2023 is 34.55 MT as compared to last year to date which was 22.57 MT, indicating a significant growth of about 53.1%.

Overall, cumulative coal production for FY 2023-24 has witnessed remarkable growth, with a production of 182.06 MT as on13.06.2023, representing an impressive growth rate of 8.26% compared to the previous year’s production of 168.17 MT for the same period. Furthermore, the overall coal dispatch has seen a substantial increase, reaching 196.87 MT on 13.06.2023 for FY 2023-24. This represents a commendable growth rate of 7.71% compared to the previous year’s dispatch of 182.78 MT.

Coal Ministry is fully committed to driving sustainable growth in the coal sector through strategic planning and effective implementation and to enhancing domestic coal production capabilities supporting the power sectors in meeting the rising energy demands.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
©2024 All rights Reserved. Orissa Film and Media Association || Powered By DATAGRAM INDIA
x

Check Also

Odisha government has started an initiative to revive and modernise Aska Cooperative Sugar Mill

Bhubaneswar:10/12/24: The Odisha government has started an initiative to revive and modernise Aska Cooperative Sugar Mill. For this, a task force comprising senior officers of Agriculture, Finance, Cooperatives, Excise, and ...