India's domestic power plants are expected to have sufficient coal stocks and are unlikely to suffer another coal shortage that struck the country last year when the monsoon comes to an end.
India's domestic power plant coal stocks have risen to 30 million tonnes as the month starts. The monsoon season typically lasts until September.
With substantial consumption to meet growing electricity demand in the summer, people are worried about a repeat of coal shortage last year, said Pramod Agrawal, president of Coal India, quoted by the Economic Times of India.
However, there's a difference in the situation. In August last year, coal stocks in Indian power plants plunged 11.2 million tonnes in just one month. There will not be a similar situation again this year unless there is an exceptional event, Agrawal said.
In addition to power plant stocks remaining high, there are 12 million tonnes of available coal stocks currently located at private coal washing plants, sheds and ports and along Coal India's railroads awaiting shipment.
In July-September this year, Coal India planned to supply 137 million tonnes of coal to the power sector, with an average daily supply of 1.49 million tonnes.
(Writing by Alex Guo Editing by Harry Huo)
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