China Govt Plans Intervention To Ease Power Crunch
China's thermal coal future sank about 13 %, extending the losses. The government plans to intervene and reduce the surging prices of the commodity to help the electricity producers in the widespread power crunch. Moreover, the country's security regulator has asked future exchanges to raise fees, restrict trading quotas, and crack down on speculation in response to high coal prices.
Tags: Coal, coal price, China, power crisis, Shanghai
Courtesy: Reuters
Coal Imports In India Drops By 2.7% In August; 15.22 MT In 2021
India experienced a decline in its coal imports to 15.22 million tonnes (MT) from 15.64 MT, which is 2.7% less in August 2021. Besides, the total coal imports this year, non-coking coal was 9.08 MT against 10.33 MT last year. Approximately 6.71% of coal imports have decreased through major and non-major ports. Moreover, the crisis was caused due to the closure of some mines and monsoons, says Coal Minister.
Tags: India, Imports, Coal, Climate crisis
Courtesy: The Economic Times
Centre Asks Power Plants To Import 10% Coal To Boost Supply
The central government has asked the power plants to add 10% of the imported coal to boost the supply, amid the ongoing coal crisis. It also warned the states that federal companies will curb their power supplies if they are found selling electricity on power exchanges to cash in on surging prices. Over half of India’s 135 coal-fired power plants have fuel stocks that will last three days or less.
Tags: Power Plant, Coal, fuel stock, Electricity, Indian government
Courtesy: Economic Times
No Shortage Of Coal For Electricity Production, Says Coal Minister
Amid alarming low levels of domestic coal availability in India, the Central Government on October 13 again assured that there will be no shortage of coal for electricity production. Union Coal and Mines Minister Pralhad Joshi said that the government is working to mitigate the current coal crisis. He also stated that the coal production has been increased from 1.9 million tonnes to 2 million tonnes per day.
Tags: Coal, coal shortage, Electricity, Coal Crisis
Courtesy: NDTV
Indian Railways To Deliver Coal To Power Plants: Coal Crisis
Indian Railways is preparing to deliver coal continuously to power plants, despite a purported scarcity of coal at thermal power plants. The shortfall is being treated as an "emergency" by the national transporter. Railways informed the Power and Coal Ministries in a meeting that carrying capacity was not an issue for the national transporter and that it was ready to deliver as much coal to power plants as needed.
Tags: RAILWAYS, Coal, Indian Railways, power ministry, Coal Ministry
Courtesy: The Indian Express
Coal Shortage In India Will Normalise In 3-4 Days, Says Govt
Amid the ongoing shortage of coal in several Indian states, Union Coal Minister Pralhad Joshi said the crisis will start normalising in the next three-four days on October 9. Reportedly, a sudden demand for ''electricity due to revival of economy and heavy rain in coal mine areas during September'' led to a crisis. Besides, China, the largest coal consumer followed by India is also facing a shortage.
Tags: Coal, Shortage, Central Government, Coal Crisis
Courtesy: Latestly
India's Energy Crisis Worsens; Coal Reserves 'Running Low'
At the end of last month, India's coal-fired power plants had an average of four days worth of fuel on hand, the lowest level in years. More than half of the plants are on high alert for outages, and spot electricity costs have increased. Spot power rates have risen since coal is utilized to generate over 70% of the energy. The government is developing rules in case idle power plants need restarting.
Tags: Coal, India, power crisis, Power Plant
Courtesy: NDTV
India Gets First Plant To Convert High Ash Coal To Methanol
Bharat Heavy Electricals Ltd. (BHEL) established India's first pilot plant to convert high ash coal to methanol in Hyderabad, said the Ministry of Science and Technology on September 17. The plant can generate 0.25 metric tons per day. Reportedly, coal is converted into 99% pure methanol and can be used as a transportation fuel. ''This technology will help the country move towards clean energy and self-reliance," said the Ministry.
Tags: Methanol, Hyderabad, BHEL, Coal, Clean energy
Courtesy: The Siasat Daily
India Eyes To Tap Geothermal Power Potential Of Ladakh
India is currently exploring the Himalayas for the possibility of geothermal power to reduce its dependency on oil and coal energy. Subsequently, experts have been eyeing to tap the renewable energy potential of Ladakh region. However, extensive studies into the environmental impact has been considered crucial to the project. Meanwhile, efforts are on towards harnessing the power from other renewable sources - solar and wind - as well.
Tags: Ladakh, himalayas, Renewable Energy, Coal
Courtesy: The Wire
Indian Railways Crosses Pre-COVID Freight Loading Figures
The Indian Railways on March 12 stated it has crossed the pre-COVID freight figures recorded in March 2020. The Railways has already carried 1,145.68 million tonnes of goods this year, about 0.07 million tonnes more than the last year. Moreover, the ministry is expecting to cross 1,209 million tonnes by the end of this fiscal year. However, owing to less industrial activity during the lockdown, the volume of coal and petrol carried witnessed… read-more
Tags: Indian Railways, FREIGHT TRAINS, Coal, Petroleum
Courtesy: The Indian Express