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Is the country facing coal shortage? Finance Minister Nirmala Sitharaman made everything clear with her statement

Finance Minister Sitharaman said - the country's economy is improving rapidly, the stock market is winning investors' confidence

Finance Minister Nirmala Sitharaman called the coal crisis report baseless.

Coal has been a big topic of discussion in the country for the last few days. The news of shortage of coal in the country has reached the common man. After this there has been a discussion whether the power crisis in the country will really deepen. Is the country on the verge of running out of coal? Amidst all these questions, Union Finance Minister Nirmala Sitharaman has given a statement regarding the shortage of coal. He said that there is no dearth of anything in the country and the reports of coal crisis are baseless.

He said that Power Minister RK Singh has clarified two days back that the reports of coal crisis or shortage of other goods are completely baseless. Sitharaman said at Harvard Kennedy School on Tuesday, ‘This is completely baseless, there is no lack of anything. The Energy Minister said that coal for the next four days in every power generation plant is fully available in their premises and the supply chain is not broken at all.

no shortage of coal

During an event organized by Mosawar-Rahmani Center for Business and Government, Union Finance Minister Sitharaman gave this reply when asked about the news of Harvard Professor Lawrence Summers related to energy shortage and coal shortage in India. “There will be no such shortfall which can affect the supply. In this way we are taking care of the power situation in the country. We are now an energy surplus country.

coal minister claims

On the previous day, Coal Minister Prahlad Joshi said that the supply of coal to thermal power plants collectively crossed two million tonnes on Tuesday. He claimed that the supply of coal to the power stations has been increased. Various power plants of the country are currently facing shortage of coal.

Joshi tweeted on Wednesday, “I am happy to share that the supply of coal to thermal power stations from all sources has crossed 2 million tonnes on Tuesday. We are increasing the supply of coal to ensure adequate stock of coal in power plants.

A Coal India official said that the supply of coal to power stations has already crossed 16.2 lakh tonnes during the last two days. At the same time, the total offtake of coal has gone up to 18.8 lakh tonnes. While its monthly average is 17.5 lakh tonnes. Apart from this, Coal India has also increased its production to 16 lakh tonnes during the last two days. The company has said that its production will increase after Dussehra, as the workers will return to work after the holidays at that time.

Also read- India will grow more than 10% in FY22, country will be included in fastest growing economies: Nirmala Sitharaman

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Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.

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Shehnaz Ali
Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.

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