Thermal power demand outstrips projections, coal production
The demand for thermal power has outpaced demand projections and coal production.According to the National Power Portal, 121 out of 123 power plants have less than five days of coal stock.This is worse than the situation a month ago when 76 out of 121 thermal plants had less than seven days of coal stock. The low coal stock position can be attributed to a higher-than-expected power generation. India’s cumulative power generation from April 1 to October 15 stood 4 billion units higher than program (planned) generation at 687 billion units.“Coal production has not been able to keep pace with the spike in power demand. In the current financial year till October 15, there has been a 7 per cent annual growth in power generation. But the growth i.....