Coal-fired power stations have an average of 4 days’ worth of fuel stock, and over half the plants are already on alert for outages. India's options right now are limited.
India is contending with two key challenges: soaring electricity demand as industrial activity rebounds after Covid curbs were lifted and a slump in local coal output.
The study says coal fleet expansion could result in 31,300 preterm births, 46,800 asthma emergency hospital visits in the cities of Mumbai, Bengaluru, Chennai, Kolkata, and Delhi.
China could look to coal exporters like South Africa, Colombia, US and Canada, putting it in competition with buyers in elsewhere and adding more impetus to global price rallies.
The short supply may force plants to buy expensive imported coal or pay hefty premiums at domestic auctions, and raise costs across an economy already battling high fuel prices.
Heavy rains in mining regions are worsening coal supply crisis. The dwindling supplies also come at a time when electricity consumption has been strong due to revival in economic activity.
Police said two truck drivers were shot dead and three others were burnt to death. The trucks were carrying coal and the owners claimed the militants demanded money from them.
Emissions from the power sector rebounded in the first half of the year and are now 5% higher than in the same period in 2019, according to a report by London-based researcher Ember.
A 50% hike would be a dramatic increase for Coal India. But any hefty wage increase would resonate across India's energy sector and its broader economy.
Once seen as a fading presence on India’s investment & startup picture, the state is slowly moving up the ladder, with policy reforms & infrastructure building.
Agreement signed during 17th Joint Working Group (JWG) on defence cooperation. Defence Secretary Rajesh Kumar Singh met Director General in Israeli Ministry of Defence Amir Baram Tuesday.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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