CIL Ready with Coal Stocks Amid West Asia Crisis, Says Chairman B Sairam

Speaking to ANI, Sairam said that while gas-based power generation is impacted, CIL holds sufficient coal stocks to support the power sector and industries like steel, confirming no disruptions in production.

"The recent crisis has mainly affected gas-based power plants, creating challenges in electricity generation. If gas output falls, coal must step in to fill the gap, and as the largest producer, Coal India carries the biggest responsibility. As its chairman, I can confidently say our team is fully prepared, with sufficient coal stocks to meet demand. There is no disruption in coal production or supply," he said.

He highlighted that power plants have enough capacity to absorb coal, and CIL has the capacity to deliver it, making sure that there is no disruption.

Sairam detailed the next steps of improvement for the company, noting that there is a large fleet of heavy machinery available at present.

"The next step is to introduce digital technology to improve efficiency, planning, sustainability, and safety. Beyond coal, our diversification initiatives include moving into critical minerals, expanding footprints across 16 states, and entering the rail sector. We are also advancing coal-based gasification, with our first project underway in Lakhanpur, Odisha, and plans in Maharashtra and West Bengal."

Moreover, he emphasised that Coal India aims to maintain production and ensure reliable supply to the power sector, thermal projects, and industries such as steel.

The ongoing West Asia crisis has increased the consumption of coal in many states as people are shiftinf from LPG to coal.

Industry observers say the situation reflects a broader national trend, where LPG shortages and high fuel costs are forcing eateries to adapt quickly, often at the cost of efficiency and sustainability. In cities as well as hill regions, many establishments are turning to coal, kerosene, and even wood-fired stoves to keep operations running.

Meanwhile,Union Minister G Kishan Reddy on Wednesday said that coal gasification can help India reduce imports of petrochemicals, crude oil and fertilisers, as the government pushes to scale up the sector through incentives and new investments.

Coal gasification is a key transformative technology that converts coal into syngas, which can be further used to produce cleaner fuels, chemicals, fertilisers, and hydrogen. This approach enables more efficient and sustainable use of domestic resources while enhancing economic resilience.

- ANI