The shortages jolting natural gas and electricity markets from the U.K. to China are unfolding just as demand roars back from the pandemic
Since September 1, the number of power plants with less than eight days of coal has increased to 104, from 79
Coal accounts for over 70% of India's electricity output, and utilities account for about 75% of India's coal consumption.
Over half of India's 135 coal-fired power plants have fuel stocks of less than three days, government data shows, far short of federal guidelines recommending supplies of at least two weeks
Cities such as Shenyang and Dalian - home to more than 13 million people - have been affected, with disruption at factories owned by suppliers to global companies like Apple and Tesla
Says it has stepped up deliveries to power sector in the first eight days of September, clocking 20% growth at an average of 1.39 million tonne a day
With business conditions improving, analysts expect 15-20% upside in share price of India's largest coal miner
Mine owned by private companies falling short on their production, observes ministry; warning comes in wake of country's thermal power units facing coal shortage
Pramod Agrawal says the company has been able to increase their average daily production to 1.45 MTs, during the past week
Discoms should improve recovery, says power secretary
The government on Tuesday said specific instructions have been given to coal companies to give priority supplies to thermal power plants having critical stock level
NTPC said the company was augmenting its imported coal capacity of 2.7 million tonne, which was drawn from its earlier contracts
Regulation of coal supply to power plants that have more than 15 days of fuel stock will free up around 177,000 tonnes of coal from 26 stations, said the power ministry
India exported 800,000 tonnes of coal to its neighbouring nations, including Nepal, in the fiscal year ended March 2021
Company could relook at FY22 guidance if it is unable to check costs, says CEO.
Trains to remain suspended for now: Railway Board CEO
The government had imposed nationwide lockdown on March 25 to contain the spread of COVID-19. Power consumption started declining from March onwards due to fewer economic activities in the country
Coal accounts for almost 50 per cent of the freight of the railways
The monopoly miner said it is considering to stop any further FSAs with those customers, "who renege on committed agreements and decide to terminate their contracts abruptly"
An amount of around Rs 1,365 crore provisioned under coal quality variance in the earlier years has been withdrawn, in the last fiscal, which is the net gain to CIL on whole