Punjab state economy may take hit as coal stock dwindle

Worsening arrival of coal and dwindling supply is triggering a power crisis in Punjab that can hit the state economy. Over 10,000 industrial units have already been closed due to Covid in the state and any outage is likely to worsen the situation.

Punjabs coal-fired power stations are now left with less than three-day stock. With demand expected to go down after October 10, the state still faces power crisis, if the coal situation does not improve in the coming week.

Supplies to power Plants are currently short following prolonged rains that have drenched coal pits as unusually heavy rain last month in major coal mining centres have worsened the situation.

At present, the power demand is around 9,924 MW, out of which central sector contributes 5,010 MW, private plants 2,510 MW, two state-owned plants 1,091 MW, while state-owned hyrdo projects supply 392 MW and solar and 291 MW.