The Ministry of Coal (MoC) is taking decisive action to ensure a reliable power supply for Indian citizens during the peak demand period. Through a multi-pronged approach, they have achieved record-breaking coal stockpiles at thermal power plants, exceeding 45 million tonnes (MT) as of June 16, 2024. This represents a significant 31.71% increase compared to the same period last year.
This proactive initiative addresses the surge in coal-based power demand, which has grown by 7.30% in the current fiscal year compared to the same period last year.
The Ministry of Coal’s unwavering commitment to coal production, transportation, and inter-agency collaboration has resulted in robust coal stockpiles. This accomplishment ensures a stable and efficient coal supply, guaranteeing uninterrupted power for Indian citizens during the peak demand period.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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