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COAL SUMMER CRUNCH
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...- From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
- Cheap batteries are taking over the world’s power gridsThis boom, led by China's manufacturing prowess, is making batteries a crucial tool for grid resilience and a cost-effective alternative to...
- Coal India's sales rise for first time in six months on gas crunch, summer demandCoal India's sales surged in March, marking the first increase in six months, as the nation prepares for peak summer demand. This boost com...
- Iran war’s gas supply shock pushes top consumers back to coalA second gas supply crunch in just over four years is pushing countries across Europe and Asia to fall back on the black stuff, perceived a...
- 'Alternate sources in play to meet peak power demand this summer'India anticipates sufficient power supply this summer. New coal and renewable energy capacities will meet demand. Battery storage is also c...
- Torrent Power emerges as successful bidder to supply 388 MU power during crunch period in summersTorrent Power has been awarded a contract to supply electricity from its gas-based plant during the high power demand period. It is part of...
- Indian industries stock up on coal before summer crunch arrivesHigh demand periods put the country’s coal infrastructure to the test, forcing the government to prioritize supplies to power plants to avo...
- NTPC mulls 5.4 million tonnes coal import in first half of 2023-24Every generating company imports coal as per its requirements. The cost of fuel including imported coal is passed onto generation tariff in...
- Take proactive actions, ensure no load shedding during summer: R K Singh to power utilitiesUnion Power Minister R K Singh chaired a review meeting on March 7, with senior officials from Power, Coal and Railways ministries on vario...
- India to step up gas imports to address summer power demandWhile the share of natural gas in India's power generation was just 1.5% this year, down from 3.3% in 2019 due to limited local availabilit...
- Green nod for 10 expansion projects of Coal IndiaReplying to a query in Rajya Sahba, Coal Minister Pralhad Joshi said of the 10 projects of Coal India Ltd (CIL), three are in Odisha, two e...
- Billionaire Adani is winning from India’s shift to import coalCooling demand during a sweltering summer and a post-pandemic industrial revival has pushed India’s electricity consumption to a record and...
- Coal India set to ease FSA norms for coal import, levy feeThe fuel supply agreements approved by the Union Cabinet in 2013 provide that CIL can import coal to meet its contractual commitments. The ...
- Eight-hour blackouts hit India after hottest March since 1901A surge in demand for electricity has prompted states like Punjab, Uttar Pradesh and Andhra Pradesh to cut off supply. The disruption, as l...
- Coal inventory of power plants at critical level, says NomuraIn its report ‘India: A power crunch in the making’, it said coal stocks at power plants have dwindled, as power demand has shot up without...
- 91 million tonnes coal stock can meet power needs for 45 daysPower stations have 25 million tonnes while sheds and washeries have another 5 million, taking the total availability as of now to 91 milli...
- China’s coal futures hit record as exchange tries to cool rally with fee hikePrices have rallied 34 per cent so far this year as miners struggle to meet robust demand from the nation’s economic rebound.
- Fresh auctions for power pacts likely soonAhead of polls and setting in of summer demand, the auctions will help stranded and underutilised power plants sign agreements with state d...
- NTPC awards transport contract for 1.3 MT CIL coal offered under 5 MT offerNTPC was offered coal recently after its stocks dipped sharply. It was offered 1.5 MT from Central Coalfields (CCL), 0.5 MT from Bharat Cok...
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