• Friday, May 27, 2022
  • Last Update : 04:24 pm

India warns of possible power shortages

  • Published at 02:09 pm October 5th, 2021
power grid
Representational image Bigstock

More than half the plants are on alert for outages and the government mulls bringing idled power stations back into operation


India is facing possible energy supply problems in the coming months due to coal shortages and a post-pandemic surge in demand, the power minister said in a report published Tuesday.

His comments come as China and European countries face energy crises that are disrupting global supply chains and sending prices soaring.

"Normally the demand starts coming down in the second half of October... when (the weather) starts cooling," RK Singh told the Indian Express in an interview.

"But it's going to be touch and go," Singh said, calling demand for electricity "tremendous".

"Demand is not going to go away, it's going to increase... We've added 28.2 million consumers. Most of them are lower-middle class and poor, so they are buying fans, lights, televisions sets," he said.

India's coal-fired power stations had on average four days' stock at the end of September, the lowest in years. 

More than half the plants are on alert for outages and the government is mulling bringing idled power stations back into operation.

Coal accounts for nearly 70% of India's electricity generation and around three-quarters of the fossil fuel is mined domestically.

State-run giant Coal India, which produces most of the country's supply, has said it is on a "war footing" to ensure adequate deliveries.

On top of a rise in demand as Asia's third-largest economy rebounds following a coronavirus wave, India has been hit by recent monsoon rains that flooded mines and disrupted transport.

This pushed up prices sharply for coal buyers, including power stations.

Buying coal abroad is expensive because international prices have also soared.

"Until supplies stabilise completely, we are likely to see power outages in some pockets, while customers elsewhere may be asked to pay more for power," Pranav Master, director for infrastructure advisory at credit ratings firm Crisil, told Bloomberg News.

"Because of imported coal prices shooting through the roof, plants running on domestic coal have had to do a lot of heavy lifting. Things are expected to get better as the rains abate."

European countries are also facing a power crisis, with natural gas reserves at low levels and energy prices surging. 

China has been hit by widespread power cuts that have closed or partially closed factories, hitting production and global supply chains.

Singh insisted that the Indian government was working hard to avert a crisis, saying that so far "there is nowhere that we have not been able to supply the quantity of power demanded".       


50
Facebook 50
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail