Union Ministries of Coal, Power and Railways working in close coordination to ensure adequate coal supply
Union Ministries of Coal, Power and Railways are working in close coordination to ensure adequate coal supply. As a result of these coordinated efforts, the closing stock of coal at the domestic coal-based power plants was 25.6 Million Tons as of the 31st of last month, which is the highest ever in the month of October except for the COVID year of 2020-21. The domestic coal supply to the power sector is 12 percent more than in the same period of last year which is the highest-ever supply to the sector in the first seven months of any financial year. The total domestic coal production is 18 percent higher than in the same period of the previous year. The captive coal blocks produced 58.6 MT in the first seven months registering a growth of 37.5 percent over the same period of the previous year.With an objective to enhance the coal production capacity, the Coal Ministry has recently put 141 new coal blocks for commercial auction. It is closely coordinating with State Governments and Central ministries concerned to operationalise mines auctioned earlier on the fast track. The Ministry is also taking steps to augment rail connectivity infrastructure for all major mines to ensure faster evacuation of coal.
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By News On Air