https://www.alphainvesco.com/blog/wp-content/uploads/2019/03/Coal-In-India.cms_.jpeg 339 509 Zain Iqbal https://www.alphainvesco.com/blog/wp-content/uploads/2018/11/logo-2.png Zain Iqbal2019-03-20 17:05:132019-03-22 15:11:26Short Notes From Brookings Report On Coal And Thermal Power In India
Currently the PLFs of the domestic coal based power plants in India are low, which implies lower profits, this has happened because India witnessed growth in supply of power plants at an unprecedented level between 2011 and 2016, the supply of power grew at 14.5% in the period. The PLFs dropped further due to the push of the 2014 elected government to increase power generation via Renewable Energy. More power dispatches started to happen from the RE sources which displaced conventional coal based power. Currently India has ~40 GW of idle power it has no PPAs signed with the DISCOMs or it is in the IBC-NCLT. These newer plants were built mostly by the private companies which are now stuck because they don’t have PPAs or FSA (Fuel Supply Agreements) from Coal India.
https://www.alphainvesco.com/blog/wp-content/uploads/2019/01/coal-2.jpg 440 660 Akshay Satija https://www.alphainvesco.com/blog/wp-content/uploads/2018/11/logo-2.png Akshay Satija2019-01-23 12:31:342019-01-23 17:44:44Coal India - Can It Step Up The Production & Plug The Hole In India's Import Bill ?
Coal India is the largest coal manufacturer in the world with total production of 567 MT in FY2018. Coal India produces 84% of the coal produced in India with a market share of 60% to 65%. The estimated geological resource of India coal stood at ~315 Billion tons as of 1st April 2017. Coal India has total coal reserves of ~88.4 Billion tons (68.6 BT resources + 19.8 BT reserves) as of 1st April 2013. Coal India operates 369 mines via 8 coal producing subsidiaries.