The Ministry of Power (MoP) has extended its prior advisory to Power Generation Companies (GENCOs) on timely import of coal for a further three months, i.e. till June 2024. This notice was dated March 4, 2024.
It may be recalled that MoP had issued an advisory dated October 25, 2023 on blending of imported coal at 6% by weight till March 2024.
The Ministry has reviewed the status of power supply and concluded that peak demand may reach up to 250GW during the summer.
Additionally, the supply of domestic coal was observed to still be deficient despite increase in loading of domestic coal rakes. This was attributed to logistical issues associated with railway network.
To ensure a consistent and uninterrupted power supply across the country, MoP has made the decision to extend its prior advisory dated October 25, 2023 till June 2024.
GENCOs must ensure that their imported coal contracts continue coal supplies till June 2024. They are also encouraged to continuously monitor their coal stock positions and opt for blending in accordance with their requirements.