Page 4 - Coal Shortage

Industry body seeks Odisha CM's intervention in resolving coal shortage

An industry body has sought the intervention of Odisha Chief Minister Naveen Patnaik in resolving the acute coal shortage faced by captive power plants in the state. The Utkal Chamber of Commerce and Industry Ltd (UCCI) said the paucity due to curtailment of coal supplies since August was a threat to the survival of the local industry, leading to loss of lakhs of jobs. Industries that rely on captive power plants (CPP) in Odisha are facing alarmingly depleted coal stocks of only two-three days as compared to the prescribed level of 15 days, UCCI president Brahma Mishra said. Over 65 per cent of the coal in Odisha is being supplied by the Mahanadi Coalfields Ltd (MCL) to power plants in other states, resulting in local industries facing coal deficit, Mishra said in a letter to Patnaik, urging him to take steps to bring normalcy. The acute coal shortage due to the diversion of the supply has brought down the CPP-based industries, and micro, small and medium enterprises (MSMEs) to a .

Coal supply by Coal India to power sector jumps 23% y-o-y in Oct

The development assumes significance in view of the country's power plants grappling with fuel shortages

In the dark: Stress test for the coal economy in India to meet demand

The mechanics of production and supply logistics suggest that power producers will struggle in the coming year too

10% thermal power capacity vulnerable to outage as coal shortage lingers

Crisil Rating warned that a tenth of the thermal capacity is still vulnerable to the outage as it sees coal-stock remaining in single-digit days through the rest of the year

No power shortage, outages result of states' constraints: Power minister

R K Singh launches India's first Green Day Ahead Market

Recent coal crisis opens doors for govts to micro-manage the market

Union power ministry in August decided to limit the stock holding to 15 days, which implied it wanted power plants to stock the bare minimum of what CEA advises

Coal shortage: 59 thermal power plants have less than 4 days of fuel stocks

Coal shortage at thermal power plants is lingering on, with 59 non-pit head projects having the dry fuel stocks for less than four days as on Wednesday, according to official data

Power Secretary stresses on fuel reserves to deal with supply shocks

Union Power Secretary Alok Kumar on Thursday stressed on the need to have strategic fuel reserves to insulate the nation from supply shocks for at least a month

Coal supply improves at 61 thermal plant units with less than 4-day stock

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

Energy crunch hits global recovery as winter approaches: Report

And fears are rising that Europe will have to ration electricity if it's a cold winter

No respite for steel users as prices likely to remain high: Report

Steel prices are set to go up further due to the expected coal or power shortage and rising raw material prices in China that will potentially weigh on the earlier-anticipated price correction

Coal crisis: Power projects with less than 4-day coal stock dips to 58

The coal stock situation at thermal power projects has improved further as the number of non-pit head projects having less than four days of coal reduced to 58 on Monday from 69 a week ago

Coal crisis: Power projects with less than 4-day coal stock dips to 61

The coal stock situation at thermal power projects seems to be inching towards normalcy as the number of non-pit head projects having less than four days of coal (supercritical stock) reduced to 61

Higher coal prices to impact Vedanta's profitability in 3rd quarter: Report

Higher cost of coal due to the ongoing shortage of the dry fuel in India will impact the profitability of Vedanta in the third quarter which is likely to be temporary, according to a report

Sponge iron sector might report negative growth due to coal crisis: SIMA

The domestic sponge iron industry might report a negative growth in the ongoing December quarter "if the shortage of coal is allowed to continue", according to apex industry body SIMA.

India's power consumption up 3% at 57.22 billion units in Oct 1-15

India's power consumption grew 3.35 per cent in the first half of October to 57.22 billion units (BU), showing recovery amid coal shortage at electricity generation plants

Centre blaming states over coal issue, but silent on GST payment: Pawar

NCP Chief hit out at the Centre for blaming the states for delaying the payment of coal, adding that the Centre is yet to give the GST amount to the state but nobody is saying anything on the issue

India's electricity demand picks up in Oct as coal shortage lingers

India's electricity demand grew 4.9% during the first half of October, with supply falling short of demand by 1.4% despite a 3.2% rise in coal-fired generation and 30% rise in solar output

India to buy coking coal from Russia; Steel firms look to diversify imports

Move is part of India's National Steel Policy 2017 under which the country aims to reach 300 mn tonne steel output by 2030 while simultaneously working on forward and backward integration

Top headlines: Coal supply at 5-year low; Zee and Invesco continue fight

The reason for the coal crisis and Air India's many challenges: Business Standard explains in top headlines on Thursday.