The statement assumes significance in the wake of the country's power plants grappling with coal shortages.
Aluminium plants in the country are grappling with critically low level of coal stocks and if the fuel supply is not restored immediately it would lead to irrevocable collateral damage, industry body AAI warned on Friday. The statement comes at a time when the supply of coal by CIL to non-power sectors has been kept suspended temporarily amid electricity generating plants in the country facing fuel shortages. "Today also, aluminium industry has not received any relief with respect to the ongoing coal supply crisis. Indian aluminium plants are grappling with critically low levels of coal stock, with no recourse or alternative means to meet their power needs and keep the plants operational," Aluminium Association of India (AAI) said. It further warned that if coal supply is not restored immediately, it would lead to an irrevocable collateral damage of these national assets. "Any power outage in aluminium plants will lead to catastrophic impact & complete shutdown which will take ...
Amid the low stock position at the electricity generating plants, state-owned CIL has asked its subsidiaries to refrain from conducting any further e-auction of coal
Coal India Ltd., the world's top miner of the commodity, has temporarily stopped deliveries to all consumers in the country other than power stations, even as it boosts deliveries from mines
Total capacity under outage has reduced from to 6 Gw on October 13 from 11 Gw a day earlier
India is the world's second largest coal producer, with the world's fourth largest reserves
Coal India Ltd, the world's biggest miner, has temporarily stopped supplies to non-power users, a company official said, as India battles one of its worst power supply deficits in years
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
Domestic rating agency Icra on Wednesday said it expects the availability of coal to power plants to improve gradually during the current month with expected augmentation in both coal production and dispatch levels. "We expect the coal availability to improve gradually during October month with expected ramp-up in both coal production & dispatch levels, also given the seasonality in energy demand moderation expected from November month," Sabyasachi Majumdar, Senior Vice President & Group Head - Corporate Sector Ratings, ICRA said. As a result, thermal plant availability for majority of IPPs/gencos having long-term PPAs (power purchase agreements) is unlikely to remain below 85 pe cent on annual basis and thus, any adverse impact on the credit profile is unlikely, given the two-part nature of long-term PPAs with recovery of fixed charges linked to availability of 85 per cent, Majumdar said. While energy demand grew sharply with at 12.7 per cent Y-o-Y in the first half of FY'22,
The minister will on Wednesday review and visit three mines--Gevra, Dipka and Kusmunda in Chhattisgarh -- of Coal India arm South Eastern Coalfields Ltd and will hold meeting with Jharkhand CM
Various power plants are grappling with fuel shortages and efforts are being made to increase fuel supplies.
The development assumes significance in the wake of the country's power plants grappling with coal shortages
Coal India Ltd (CIL) accounts for over 80 per cent of the total domestic coal output.
The development assumes significance in the wake of reports that warned of a power crisis looming large due to the coal shortage in the country.
State-run Coal India Ltd is using its 40 million tonne stocks to replenish utilities, which together have 7.2 million tonnes of inventory, equivalent to four days' requirements, the ministry statement
Find out why India is facing a cold shortage, what is the reason behind the coal crisis in India and how resultant power crisis may impact India's economic recovery
Chronic poor planning has precipitated the coal shortage
The power sector's current daily demand is 1.7 mt, of which 1.3 mt is met by CIL
The government has received over Rs 2,800 crore as dividend from Coal India and ONGC this fiscal year (FY), DIPAM secretary said on Tuesday. "Government of India has respectively received about Rs 1426 cr from Coal India Ltd and Rs 1406 cr from ONGC as dividend in this FY recently," DIPAM Secretary Tuhin Kanta Pandey tweeted. As per the Department of Investment and Public Asset Management (DIPAM) website, so far in the current financial year (April-March), the government has received Rs 4,576 crore as dividend from CPSEs. Besides, Rs 9,110 crore has been mobilised through disinvestment in various Central Public Sector Enterprises (CPSEs) so far this fiscal.
Coal stocks at thermal power plants will start increasing in another two to three days, according to an official in the coal ministry. The remarks come at a time when the country's power plants are grappling with coal shortage. "The situation has started improving from yesterday. In the next two to three days, coal stocks will stop depleting at the power plants and will start going up," the official said on the condition of anonymity. A Coal India official also said the company is making efforts to ramp up its supply to power sector with 1.5 million tonne per day in another few days from present 1.4 million tonne. Coal India Ltd (CIL) accounts for over 80 per cent of domestic coal output. He further said power plants did not pick up coal from CIL from October last year till February this year. "Power plants used their coal stocks and did not replenish them. They even did not adhere to the CEA guidelines of stocking the coal for 22 days. With rise in power demand, the demand for f