Coal Shortage

Coal shortfall poses fresh challenges for the economy

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The increased expenses slashed profits of some of the biggest mills in India at a time when commodity prices were rallying to multi-year highs

Chennai-based India Cements has said that it has already imported two shipments of Russian coal due to shortage of domestic supply

India is planning to import nearly 76 million tonnes (MT) of coal this fiscal year to reach the fossil fuel shortfall in power plants

Total rainfall deficit drops from over 40% on June 10 to just 2% on June 21

The imported gas-produced electricity could cost Rs 22-23 per unit, pegged at about four-five times current tariffs

The imported coal would be supplied to state government-owned gencos and independent power producers (IPPs), 1.2 mt each

Says stock available with power plants enough for 10 days of operation

Surging supply from renewables will go some way towards mitigating India's coal shortage amid extraordinarily rapid growth in demand

The Railways' decision to stick with steel wagons may have contributed to the shortage of rakes to haul coal to generating plants

The dispatch of the dry fuel also increased 15.87 per cent to 37.18 MT in the first half of the current month over the corresponding period of the last fiscal

Indians are cranking up air conditioning as they still work from home, while lights come back on in offices and factories with an end to Covid curbs, upending power demand patterns amid a heatwave

India is facing its worst power crisis in over six years as a heatwave bakes vast swathes of South Asia, causing widespread power outages

Rajasthan Chief Minister Ashok Gehlot on Tuesday alleged that the Centre is pressuring states to purchase imported coal, which costs three times more the one produced in the country. He also urged the Centre to remove the requirement of purchasing imported coal, which he said has been increased to 10 per cent of the total purchase. According to a release, Gehlot said the price of imported coal is three times higher than that of provided by Coal India. The chief minister said Rajasthan may have to bear a burden of Rs 1,736 crore if it purchases the imported coal. "The Union ministry of power had issued an advisory in December 2021 to the Rajasthan Vidyut Utpadan Nigam for 4 per cent imported coal blending and in April, it has been made mandatory to buy 10 per cent," a release quoting Gehlot said. "The price of this imported coal is more than three times the price of coal being given by Coal India Limited. Its cost is expected to be about Rs 1,736 crore, which is much higher than th

Prices in the long products segment have declined on an average of 10-15 per cent to Rs 57,000 per tonne in Kolkata market from a high of Rs 65,000 a tonne

Jalandhar has been in the midst of much disruption. This ground report, concluding the power crisis series, looks at MSMEs and their issues

The third part of a series captures the travails of tanneries from ground zero

Cost of inputs and funds, working capital needs and sales-mix key factors to influence prospects

The second part of a series on power crisis takes you to Surat, a commercial textiles hub. This ground report looks at the impact on weaves and knit