• 'There Will Be No Coal Shortage': Govt Assures Amid Power Blackout Concerns

    Due to rains, there was coal shortage, causing an increase in international prices: Joshi

    Union Minister for Coal, Pralhad Joshi on Tuesday assured that there won't be any shortage of coal supply amid concerns overpower blackouts.

    However, the Centre on Tuesday has acknowledged that there was a "coal shortage" in the country due to rains, causing an increase in international prices. The power plants in the country are struggling with coal storage at a time when the festival season has already begun.

    Joshi said that Coal India Limited currently has 22 days' stock of coal and on Monday, the country had received a record coal supply. His statement comes at a time when several states, including Delhi, Punjab, Tamil Nadu, Rajasthan and Karnataka, have warned of power outages in the coming days.

    "There is nothing to panic. We want to assure the whole country that coal will be made available as per the requirement. Yesterday we supplied 1.94 million tons, the highest ever supply of domestic coal. As far as states are concerned, this year till June we requested them to increase stock, some of them went on to say that "please do a favour, don't send coal now," said Joshi, as quoted by ANI.

    He added, "Due to rains, there was coal shortage, causing an increase in international prices- from Rs 60 per ton to Rs 190 per ton. Subsequently, imported coal power plants are either shut for 15-20 days or producing very less. This put pressure on domestic coal."
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