India’s coal shortage could lead to serious electricity interruptions across the country, as most of the country’s power plants run on coal
It’s an alarming development for Asia’s third-largest economy, where nearly half of its 135 coal-operated power plants have only two days of coal supplies, and at least 17 of its power stations have already leveled to zero of their supplies,Other plants’ coal supplies are also running close to “super critical” levels, the CEA report said, indicating that the country might face an energy crisis if enough supplies do not arrive soon.
While Singh appeared optimistic that India would be able to sort out the issue, he still finds the current lack of enough electricity generation beyond “normal”. In addition to increasing coal prices and decreasing Indian imports of coal, rising demand of electricity in the post-pandemic commodity market, and growing world public opinion which disfavours coal mining due to its negative environmental effects, appear to be some of the reasons behind India’s coal shortage.
But there are also other reasons, experts say. One is related to South Asia’s monsoon season, which records heavy rainfall from June to August every year, limiting coal mining and its transportation across the country. Another crucial reason is related to payment issues, according to Jai. In August, four large Indian states with the biggest coal consumption, which is the world’s largest coal-producing company. Coal India is also a regulating force for coal prices.
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