Is there a shortage of coal for power production in India? See what Union Minister of Energy said

Power Sector News Today: Various states in the country are facing a huge crisis of power generation. Zee Business reporter Varun Dubey has reported that due to the shortage of coal stocks, the power plants have reduced production.

It has also been reported that some power plants were shut down in many states while others have two to four days stock of coal.

See Zee Business Live TV Streaming Below:

Power generation in India

The total power generation capacity in India is 3.88 lakh MW and 52.6 per cent of the total power in India is generated from coal. It must be noted that of the total power generation capacity, 60.4 per cent comes from fossil fuel, 37.9 per cent comes from hydro-electric source and 1.7 per cent comes from nuclear source.

Again, of the total capacity, the central government generates 25.2 per cent, the states generate 26.8 per cent and the privates companies generate 48.1 per cent of power.

Scenario in different states

Now, let us take a note of the situation of different states due to the decline in power generation.

Karnataka - It has been reported that load shedding is continuing in the state. The total demand for electricity is 7500 MW and the current production is 4500-4900 MW. Furthermore, there is only six days of stock in the plants.

Tamil Nadu - The coal has reduced at state power plants with only four days of stock remaining. The plants are producing 40 to 50 per cent of their capacity. The private companies are buying electricity in the state.

Rajasthan - In Rajasthan, there is a concern that the coal shortage might shut down the thermal power plants. Furthermore, five units of 250 MW of Suratgarh Super Thermal Power Plant have been closed.

What did Union Energy Minister say?

The Union Energy Minister R K Singh held review meeting with power companies . The Ministry of Power and Coal said that coal stock of more than 4 days is present in the country. Also, the power plants have a coal stock of 72 lakh tonnes. Furthermore, Coal India has more than 400 lakh tonnes of coal available.

The import-dependent power plant has reduced imports by 30 per cent due to rising prices. It is assured that there is no coal crisis in the country, there is enough coal to demand electricity.

Impact on different companies

Now, let us see how much impact is going to be there on the various companies due to this situation. They are as follows:

1) Companies will have to buy electricity from exchange pay ~ IEX/month, PTC India

2) Companies PLF will increase ~ NTPC/month. Tata Power  / CESC and others

3) Demand for solar and wind energy to increase ~ Tata Power

4) Inverter demand will increase ~Genus power/month, V-Guard

5) Demand from generatorand battery companies will increase ~ Cummins/2009, Greaves Cotton / Ashok Leyland / Tata Power / Kirloskar Oil

6) Demand for battery companies will increase ~ Exide/month, Amara Raja