Is another coal shortage crisis looming over India?
Business StandardIn December last year, the Federation of Indian Mineral Industries shot off a letter to the Prime Minister claiming that the coal crisis was still prevailing, and was affecting the profitability of non-power industries. Data available on the National Power Portal shows that at the national level, the current stock of coal at power generation units stands at an average of 9.8 days, which amounts to 38 per cent of the normative 24 days stock. Sources told Business Standard that in the weekly meetings hosted by the ministry of coal, the private units have been complaining since November that they are not getting adequate coal supply. Over the August-October period last year, most power plants in the country had reported critical stock levels and a severe shortage of coal. A senior coal ministry official told Business Standard that this was 26.56 per cent higher than last year and 18.7 percent higher over the same period in 2019-20.