New Delhi: A number of states within the nation have complained of a discount in coal provide. Union Coal Minister Pralhad Joshi had a particular interplay with ABP Information on the present state of affairs. He mentioned extreme rain is the rationale behind the coal provide scarcity and the second motive is the value of imported coal.
“I don’t want to make any allegations but we had urged the states from January to July to take coal from us and increase the stock because it is difficult when it rains but they did not do so. While they didn’t have to pay, they would get coal on credit,” the Union Minister mentioned.
He mentioned shares will begin rising within the subsequent 15 to twenty days. The minister additionally knowledgeable that many states have captive coal mines, which haven’t been used.
Pralhad Joshi mentioned the value of imported coal was about $60 a tonne, which has simply elevated from about $190 to $200 a tonne. 30 to 35 % of the facility produced by means of imported-based energy vegetation is mendacity closed.
On the identical time, he mentioned that the central authorities has been offering greater than 19 lakh tonnes of coal for 2 days, which is larger than the demand. From October 21, there was a requirement of 20 lakh tonnes, which the Centre will present.
“We supplied 1.94 million tonnes of coal yesterday, the highest supply of domestic coal in history,” the Union Minister mentioned.
“The coal stock which was 15-20 days earlier has decreased but yesterday the stock of coal has increased. I believe that coal stocks will increase, there is no panic situation,” he added.