MoP asks states to clear dues to coal companies and PMO to review coal situation

The Ministry of Power (MoP) has asked the state-owned generation companies of Maharashtra, Uttar Pradesh, Tamil Nadu and Rajasthan to clear their dues to coal companies.

These states are among the ones with the highest thermal capacities and have either zero or just one day of coal stock (as on October 10, 2021). The outstanding dues of Maharashtra, Uttar Pradesh, Tamil Nadu and Rajasthan state utilities to Coal India Limited (CIL) were Rs 31.76 billion, Rs 27.43 billion, Rs 12.82 billion and Rs 7.74 billion respectively, as of end of 2020-21. Outstanding dues of the state electricity boards and power generation companies to CIL, which accounts for about 80 per cent of India’s coal output, were Rs 216.20billion at the end of 2020-21. The Prime Minister Office is likely to review the coal supply situation today amid fears of widespread blackouts in the country.

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