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Total stock of coal with power stations reduced to about 27.74 MT by the end of 2016-17

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Capital Market
Last Updated : Feb 03 2018 | 3:51 PM IST
Coal supplies are made to the Power Plants in terms of the Fuel Supply Agreement executed between Power Gencos and coal companies. Moreover, the power plants can also take coal through Special Forward E-Auction Scheme where coal is offered exclusively for power plants in regulated sector. Actual supply of coal depends on programme submitted by the Power Plants, logistics and various other factors. Many of the power stations of the country opted to consume coal from their piled up coal stock for power generation and restricted coal supplies from the Coal Companies during major part of the last year and in the initial months of this fiscal. As a result, total stock with the power stations which was 38.87 Million Tonnes (MT) in the beginning of 2016-17 had reduced to about 27.74 MT by the end of 2016-17, while coal stock with CIL increased from 57.64 MT to 68.42 MT during the same period. The supply of coal to the Power Sector has risen to 210.3 MT in first six months of the fiscal against 195.2 MT during the corresponding period of 2016-17, thus recording a growth of 7.74% (provisional). Month-wise supply of coal to power plants by CIL and the month-wise coalsupply by SCCL to power plants is given in the end.

The total vendible coal stock of Coal India limited as on 28.01.2018 (provisionally) is 33.5 MT. The demand of coal from CIL for thermal power plants for the first six months of 2018, calculated based on existing Fuel Supply Agreements, is likely to be around 278.2 MT.

The Power Houses have the option to fulfil the gap between their requisite demand and supply by the following means:

1. Taking coal through Special Forward e-Auction conducted by CIL throughout the year.

2. Building up stock during lean period by agreeing to take more coal than their Annual Contracted Quantity, subject to availability and other terms.

3. Importing coal, by Thermal Power Plants which are designed on imported coal.

4. Using the coal produced by captive coal blocks which have been allocated by Government of India, if available.

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Monthwise Coal supply to Power sector during 2017 by CIL(Provisional) (figs in MT)MONTH Contracted Qty at Trigger Level Supply Materialization against commitment at trigger level (%)January 38.1 36.4 96February 38.2 33.8 88March 38.3 36.7 96April 34.3 31.9 93May 34.7 33.4 96June 34.7 32.2 93July 30.7 31.1 101August 30.9 31.2 101September 31.6 32.3 102October 33.9 37.0 109November 36.6 38.5 105December 36.7 38.6 105Grand Total 418.6 413.2 99

In addition to the above supply against contracted quantity, a supply of 34.46 MT is also made to Power Sector under special forward e-auction during this period.

Monthwise Coal supply to Power Sector during 2017 by SCCLFIG IN MTMONTH

Contracted Qty at Trigger level SUPPLY Materialization against commitment at trigger level (%)January 4.01 4.975 124.06February 3.62 4.702 129.89March 4.01 5.362 133.72April 3.69 4.516 122.38May 3.81 4.332 113.70June 3.69 4.053 109.84July 3.81 4.104 107.72August 3.81 3.93 103.15September 3.69 3.955 107.18October 3.81 4.194 110.08November 3.69 4.677 126.75December 3.81 4.857 127.48Grand Total 45.45 53.657 118.06

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First Published: Feb 03 2018 | 3:26 PM IST

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