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.
Punjab Congress chief Navjot Singh Sidhu on Sunday sought action against private thermal power plants in the state for "punishing consumers" by not maintaining adequate coal stock for electricity generation. His remarks came a day after state-owned utility Punjab State Power Corporation Limited (PSPCL) was forced to cut down power generation and impose load shedding in the wake of a severe coal shortage. Punjab must prevent & prepare, rather than repent & repairPrivate Thermal Plants floating guidelines, punishing Domestic Consumers by not keeping Coal Stock for 30 Days should be penalised. It is time to aggressively work on Solar PPAs, & roof-top solar connected to the Grid! tweeted Sidhu. According to the Central Electricity Authority guidelines, power plants located at a distance of over 1,000 km from a coal mine should always have minimum coal stock of up to 30 days but this level of stock is not maintained by the power plants in the state. Because of inadequate coal ..
Officials order more than 70 coal mines to ramp up production by nearly 10%
In a few short weeks, the world's leaders will gather for the United Nations' 26th Conference on Parties
Primary steel producers, however, remain unperturbed as they rely on imported coking coal to meet their demand
Chronic poor planning has precipitated the coal shortage