The burning of coal represents the biggest single obstacle to meeting the Paris Agreement goal of limiting warming to 1.5C
Many units in this space expect capacity utilisation levels to drop drastically a few months down the line due to the crunch in the supply of the fossil fuel
The prioritisation of domestic coal supply to the power sector has to "some extent" hit Hindustan Zinc, a top official of the Vedanta group firm said
Since August, coal stock levels at thermal units have dwindled
Coal shortage at thermal power projects is still continuing as number of non-pit head projects having less than four days of coal (supercritical stock) rose to 61
High prices threaten India's goal to boost the use of gas in its energy mix as some industries are looking at switching back to coal and petcoke
India's coal import registered a decline of 2.7 per cent in August this year amid the power plants grappling with fuel shortages
Aluminium plants in the country are grappling with critically low level of coal stocks and if the fuel supply is not restored immediately it would lead to irrevocable collateral damage, industry body AAI warned on Friday. The statement comes at a time when the supply of coal by CIL to non-power sectors has been kept suspended temporarily amid electricity generating plants in the country facing fuel shortages. "Today also, aluminium industry has not received any relief with respect to the ongoing coal supply crisis. Indian aluminium plants are grappling with critically low levels of coal stock, with no recourse or alternative means to meet their power needs and keep the plants operational," Aluminium Association of India (AAI) said. It further warned that if coal supply is not restored immediately, it would lead to an irrevocable collateral damage of these national assets. "Any power outage in aluminium plants will lead to catastrophic impact & complete shutdown which will take ...
India is the world's second largest coal producer, with the world's fourth largest reserves
Various power plants are grappling with fuel shortages and efforts are being made to increase fuel supplies.
India's power demand has been rising with the revival of the economy after the lifting of COVID 19-induced restrictions.
The development assumes significance in the wake of the country's power plants grappling with coal shortages
Several states, including Delhi, have expressed panic over shortages of coal
Kejriwal said all efforts were being made to address the power crisis and his government did not want that any "emergency situation" is created.
The brokerage upped its consumer price index (CPI) inflation target for 2022 to 5.2 per cent from 5 per cent earlier.
The Ministry of Coal on Sunday reassured the country that ample coal is available in the country to meet the demand for power plants.
Some plead Centre for more coal, others ask consumers to save electricity
Coal-based power stations supplying electricity to Delhi discoms have coal stocks to meet generation requirements for one-two days against 20 days as per applicable regulations, says TPDDL CEO
The policy will come into force in October 2022
Power Minister R K Singh had reportedly termed the coal shortage as way beyond normal