This refers to the tweet of one – said to be a correspondent of Business Standard.
The tweet displays an utter ignorance of the sector which she is reported to be covering.
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The import of coal for blending has always been happening.
In 2013-14, for example it was 38.5 million tonnes. In 2018-19, it was 23 million tonnes. In 2019-20, it was 23.8 million tonnes. In 2022-23, the import for blending has been 12.2 million tonnes.
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Our power demand grew by 15 to 20% in energy terms from August / September, 2021 onwards.
The domestic coal supplies increased, but not enough to meet demand.
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By April / May, 2022, the gap between daily consumption and daily arrival was 1.2 lakh tonnes per day. Coal stocks at power plants were declining at that rate.
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Had we not started imports when we did, our coal stock would have touched a low of 7 million tonnes on 23rd July. This would have meant large numbers of plants having zero stock – leading to large-scale load shedding.
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Decision to import coal for blending is dynamic and depends on the supplies of domestic coal.
When the supplies of domestic coal are sufficient we do not import / import less coal.
When domestic supplies are insufficient, we need to import coal for blending.
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Anyone with minimal intelligence will understand this. Unfortunately, this correspondent does not.
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All Gencos – Central, State and IPPs import separately after floating their own bids. If the States want the CIL to import on their behalf they give their indent to the CIL.
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All procurement is through open international bids and contract is awarded to company which can supply coal at lowest rate.
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Whoever is managing the handle needs to understand this is not their personal account. Very disgraceful use of tone from a Ministry. Targetting the integrity of a person on factual error is bullying.
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