Restored 5 Gw power plants in a day: Power Ministry
Official data showed that on October 12, 142-Gw power projects of the 165-Gw were operating with stocks of seven days and the average coal stock was at four days.
“Power System Operation Corporation Ltd (POSOCO) has reported that the total capacity of units under outage due to low coal stocks has reduced from 11 GW on Oct 12, to 6 GW on October 13,” a statement issued by the Union power ministry late on Tuesday said.
However PTI reported, Finance Minister Nirmala Sitharaman as saying that there is no shortage and termed these as “absolutely baseless”, and India is a power surplus country.
Official data showed that on October 12, 142-Gw power projects of the 165-Gw were operating with stocks of seven days and the average coal stock was at four days.
“Absolute baseless! There is no shortage of anything. In fact, if I recall the minister’s statement, every power producing installation has the next four days’ stock absolutely available within their own premises and the supply chain has not broken at all,” Sitharaman said at Harvard Kennedy School in Boston.
Sitharaman said that power minister R K Singh went on record just two days ago when he said absolutely baseless information is floating around that there is probably shortage of coal, shortage of other inventories which will lead to a sudden gap in the supply demand situation in the energy consumption.
During the conversation organised by the Mossavar-Rahmani Center for Business and Government, Sitharaman was asked by Harvard Professor Lawrence Summers about energy shortage and reports of reduced coal inventories in India.
“There are not going to be any deficiencies which may lead to any shortfall of supply. So that takes care of India’s power situation. We are now a power surplus country,” she said.
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