Indian Power Plants Coal Stock Rise by 49% Y-o-Y

Indian Thermal power plants coal stock level have increased by 49% on yearly basis. Coal stock at power plants stood at 38.9 MnT (as on 31 Mar’16) which was at 26.1 MnT (as on 31 Mar’15) during the same period of last year. While, the available stock is sufficient to fulfill about 27 days of requirement at plants.

However, at present ample coal inventory is available in thermal power plants which is about 12.8 MnT more than previous year.

Subsidiary-wise coal production and offtake by CIL

Company FY17 (Apr’Oct’16) FY16 FY15 FY14
Prod. Offtake Prod. Offtake Prod. Offtake Prod. Offtake
ECL 19.6 23.3 40.2 38.6 40.0 38.5 36.1 36.3
BCCL 19.5 19.1 35.9 36.1 34.5 33.7 32.6 34.2
CCL 28.1 30.4 61.3 59.6 55.7 55.3 50.0 52.1
NCL 43.0 44.7 80.2 78.5 72.5 73.7 68.6 72.1
WCL 17.5 19.4 44.8 42.3 41.1 41.2 39.7 39.9
SECL 71.1 73.8 137.9 138.7 128.3 123.2 124.3 122.0
 MCL 74.7 81.0 37.9 140.2 121.4 123.0 110.4 114.3
NEC 0.1 0.4 0.5 0.3 0.8 0.7 0.7 0.6
CIL 273.6 292.2 538.8 534.5 494.2 489.4 462.4 471.6

Source: Ministry of Coal
Quantity in MnT

Imported Coal Supply by CIL
CIL have been supplied imported grade coal to power utilities under the provisions of new FSA (Fuel Supply Agreement). As per the presidential directives, CIL gave option to the power plants to opt imported coal and receive a part of the Annual Contracted Quantity (ACQ) through CIL (viz. 15% of ACQ up to 2014-15, 13% of ACQ in 2015-16 and 5% of ACQ from 2016-17 onwards).

cil-yearly-coal-production-and-offtake

Cost Plus basis Coal Supply
Since FY 15, Coal India has started to supply imported coal to thermal power plants (TPP) under cost plus basis (cost of imports plus additional charges). In this CIL have been supplying imported coal to the (willing) thermal power plants. In last two years under FSA Coal India had supplied to 3 TPPs in FY15 and 3 TPPs in FY16. Accordingly, CIL had imported 0.48 MnT coal with sales value INR 3.33 billion in FY15 and 0.36 MnT with sales value of INR 1.64 billion in FY16. But for the current fiscal (FY17), none of the TPPs have opted for supply of imported coal through CIL.

Coal Block Allocation
The coal ministry have allocated about 83 coal mines to private and public sector under the provisions of the coal mines (Special Provisions) Act 2015. So far, a revenue of INR 27.8 billion has already generated and being transferred to the respective state Governments where the coal mines are located.


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