Business

Coal Minister Pralhad Joshi has stated that 18 days stock must be guaranteed for thermal plantsEven as the nation is slowly coming out of the coal supply crisis, which had briefly threatened failures throughout the nation as a number of power plants were entrusted just number of days of dry fuel, Union minister for coal Pralhad Joshi on Monday said that at least 18 days' stock must be guaranteed for thermal power plants by the end of this month.Addressing virtually the 47th foundation day of Coal India Limited (CIL), Mr Joshi directed the biggest manufacturer of dry fuel to make all out efforts to ensure a minimum of 18 days of coal stock with thermal power plants by November 30, 2021.
He also prompted CIL to increase its production to 1 billion tonnes by the end of 2024.
The coal minister hired heads of coal companies to design revised targets and methods to attain the target, a declaration released by coal ministry said.During his address, the minister stated that the worldwide coal costs have more than tripled in current times and caused a 38 per cent reduction in coal imports to India.Also, the minister said that the demand for electrical energy had gone up by 24 percent which was indicative of robust economic development .





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