COAL SUP­PLY TO POWER PLANTS TO BE NOR­MAL SOON, SAYS PIYUSH GOYAL

Resource Digest - - NEWS IN BRIEF -

Coal Min­is­ter Piyush Goyal as­sured that power plants will get ad­e­quate coal sup­plies by the end of the month or early Oc­to­ber as the gov­ern­ment is tak­ing ur­gent mea­sures to re­solve the sup­ply is­sues. About a dozen power plants have been fac­ing er­ratic coal sup­plies for a month or so, and the min­is­ter blamed the states and power plant op­er­a­tors for the cri­sis.

"We are tak­ing ur­gent mea­sures to step up coal sup­ply to power stations. Coal sup­plies to power stations across the coun­try will be nor­malised by the end of Septem­ber or early Oc­to­ber," Goyal told the Indo-amer­i­can Cham­ber of Com­merce af­ter the cham­ber's pres­i­dent, N Srini­vasan, flagged the is­sue of the de­plet­ing stock of coal at power stations.

"In­stead of the buffer stock of 30-40 days, most power stations are hav­ing a stock for only two to three days," said Srini­vasan.

The min­is­ter pointed out that though the Union coal sec­re­tary had writ­ten to all the chief sec­re­taries urg­ing them to im­press upon power stations to start stock­ing coal, this plea fell on deaf ears.

He blamed the surge in coal de­mand to the steep fall in power gen­er­a­tion from other sources like hy­del, nu­clear and other sources which de­clined by 12, 36 and 7 per cent re­spec­tively, last month. On whether the gov­ern­ment would re­store the coal cess, which got sub­sumed into GST, Goyal said the coal cess was in­tro­duced with the twin ob­jec­tives of to fund and pro­mote re­new­able en­ergy and for fair pric­ing of ther­mal power gen­er­a­tion.

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