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
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
The reason for the coal crisis and Air India's many challenges: Business Standard explains in top headlines on Thursday.
Maharashtra State Power Generation Co (Mahagenco) had requested WCL to supply 10.5 rakes of coal per day to its power plants in June against 22.5 rakes per day
For the first time in decades, supply was lower than consumption for four straight years till 2020
Difficulties will not be limited to coal
Futures gain 9% to intra-day record of $254.3/ton
Diesel and fuel oil are expected to be the main oil-product beneficiaries of the crunch that's roiling Asia and Europe
Union power ministry on Wednesday said there was no outage due to power shortage in the national capital amid concerns over coal supplies to power generation units
Pushing all industrial and commercial users to the power exchanges and allowing prices to be set by the market may encourage loss-making generators to increase output
The power ministry said the revival of the economy had led to an increase in demand and consumption of electricity
India, which too is in a coal and power crisis, has lessons to learn from this since domestic coal shortage is not the only cause for concern for its power generation sector
Mixed signals: Maharashtra govt raises alarm, but generating stations claim supply is under control
With power demand likely to rise amid continued economic normalisation and upcoming festive sales, supply-side disruptions pose an important near-term downside risk to growth momentum, Nomura warned
Several states, including Delhi, have expressed panic over shortages of coal
Amid reports of coal shortage in the country, the Chhattisgarh government on Monday said SECL will ensure the supply of 29,500 metric tonnes of coal per day for thermal power plants in the state
Coal shortage crisis at thermal power projects does not seem to abate very soon as the number of non-pit head plants with less than four days of dry fuel stock has increased to 70 this Sunday
Some plead Centre for more coal, others ask consumers to save electricity
States continue to flock spot market, prices at record high
Because of depleted coal stock, the coal-fired power plants are operating at less than 50 per cent of their generation capacity, said officials.