The mechanics of production and supply logistics suggest that power producers will struggle in the coming year too
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
R K Singh launches India's first Green Day Ahead 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 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
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 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
And fears are rising that Europe will have to ration electricity if it's a cold winter
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
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
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 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
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 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
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 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