MoP issued an Advisory to all GENCOs including Independent Power Producers (IPPs) for timely Import of Coal for blending purposes and maximizing production in captive coal mines

Mar 05, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Ministry of Power (MoP) on March 04, 2024, issued an Advisory to all Power Generating Companies (GENCOs) including Independent Power Producers (IPPs) for the timely Import of Coal for blending purposes and maximizing production in captive coal mines.

The following has been stated:

• It has stated that the status of the Power Supply position has been reviewed and as per the projections, the peak demand is likely to reach up to 250 GW in the summer season (April¬June'2024).

• It has been further observed that despite the increase in the loading of domestic coal rakes, the supplies of domestic coal will remain constrained due to various logistical issues associated with the railway network.

• It has therefore decided to extend the advisory dated October 25, 2023, till June'2024.

• It has stated that all the GENCOs (Central/State and IPPs) are to firm up their imported coal contracts to ensure supplies till June'2024.

• It has been stated that GENCOs must also continuously review the stock positions of their domestic coal-based (DCBs) plants and opt for blending as per the requirements so that adequate coal stocks are maintained at the thermal power plant level.

[Notification No FU-21/2020-FSC (Vol-IV)]


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