India’s coal problem is under the fresh spotlight after IPCC’s ‘now or never’ warning on climate

India’s coal problem is under the fresh spotlight after IPCC’s ‘now or never’ warning on climate

India’s coal problem is under the fresh spotlight after IPCC’s ‘now or never’ warning on climate.

While the IPCC report warns coal needs to be shunned, 281 coal plants are operating across India, 28 are being built, and another 23 are in the pre-construction phase.

A coal supply crisis is brewing in India for a second year.

Coal India Ltd. is restricting deliveries to industrial consumers to prioritize power plants, with fuel stockpiles below target levels and the country heading into a traditional summer demand peak. 

According to an internal letter seen by Bloomberg, the state-owned miner limited daily supplies to non-power sector users to 275,000 tons. That’s about 17% lower than recent average daily volumes. 

Limited availability of railway carriages means the producer has also asked production hubs to use trucks, rather than trains, to transport most fuel to industrial customers, which is likely to slow down deliveries.

India’s coal problem is under the fresh spotlight after IPCC’s ‘now or never’ warning on climate

Coal India didn’t immediately respond to a request for comment.

According to the Aluminium Association of India, some aluminium producers — typically among the country’s largest electricity users — paid a 450% premium for domestic coal in March. Smelters are anxious about supplies after suffering curbs on deliveries during last year’s energy crunch, with elevated seaborne coal prices making imports too expensive. 

Stockpiles at power plants fell Sunday to about 25.2 million tons, short of a 45 million ton target set by India’s coal ministry.

Delays are hampering freight capacity to construct two new rail lines that are now expected to be completed in the financial year that runs through next March, according to Gaurav Krishna Bansal, an executive director at Indian Railways. The operator has also issued a tender to buy 100,000 more wagons to address the limited supply of the carriages.


Read Other Posts

To build an interoperable ‘metaverse’ network, Improbable raises $150 million

Next James Bond: Peaky Blinders star ‘closes the gap’ on Tom Hardy for 00​7​.

BSNL to install 1.12 lakh towers for rolling out 4G across India

Maruti Suzuki India To Hike Car Prices This Month

Follow us or bookmark us for more Celeb Bio box office collection report celebrities trailers and promos

Join us on Facebook 

Join us on Twitter

Google News Button Follow Us On Google News

About bollywoodfever

Sachin Chouhan is an avid entertainment enthusiast and dedicated follower of celebrity and entertainment news. He has always had a passion for the latest happenings in the world of entertainment and has made it his mission to stay up-to-date on all the latest trends, news, and gossip. With years of experience following the entertainment industry, Sachin has developed a keen eye for the latest celebrity fashion trends, music releases, movie reviews, and red-carpet events. His in-depth knowledge and expertise have made him a trusted source for entertainment news and celebrity updates. Contact us: admin@bollywoodfever.co.in

Check Also

NBC Cancels 'Extended Family' After One Season, Renews Other Comedies

NBC Cancels ‘Extended Family’ After One Season, Renews Other Comedies

NBC has canceled Mike O’Malley’s Extended Family after its first season, while renewing Night Court …

Leave a Reply

Your email address will not be published. Required fields are marked *