CIL Secures India's Coal Demand Amid Peak Power Consumption

State-owned CIL assured the public of adequate coal supplies, confirming a buffer of 168 million tonnes to meet the rising energy demand during summer. With thermal power plants experiencing high coal consumption, CIL's current stock levels are sufficient to manage peak electricity demand, addressing fears of a supply shortage.

In response to mounting concerns over coal shortages, state-owned Coal India Limited (CIL) has confirmed a significant buffer of 168 million tonnes to meet the increased energy demand during the summer. The company assured that it has ample reserves to support the generation capacity of domestic coal-powered plants, even as the daily coal usage by thermal power plants continues to rise.

According to a company statement, stocks at domestic coal-based power plants were reported at 47.6 million tonnes as of May 23, while the mine head inventory was at 113.5 million tonnes as of May 24, reflecting a 10% rise from the previous year. These levels are considered adequate for 19 days of consumption.

CIL emphasized that the depletion of coal stock during peak summer is typical and not indicative of a supply crisis. Additionally, 50 million tonnes of in-situ mine coal are available for rapid extraction if needed. The company continues to collaborate with power plants to build up reserves, particularly for facilities located in challenging logistics areas.