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<ul><li>On Wednesday, the power minister of <keyword id="66" type="COMPANY" weightage="20" keywordseo="Delhi">Delhi</keyword> wrote a letter to the Union power minister regarding the acute shortage of coal in the Capital. </li><li>The current stock at the stations is sufficient only for 1.5 days of power generation. </li><li>The <keyword id="608210" type="ORGANIZATION" weightage="20" keywordseo="Delhi-power">Delhi power</keyword> minister termed the matter as “critical” and warned Delhi of blackouts if the situation persists. </li></ul>On <a href="https://timesofindia.indiatimes.com/city/delhi/just-1-5-days-of-coal-stock-left-jain-warns-of-power-crisis/articleshow/64770043.cms">Wednesday</a>, the Delhi Power Minister Satyendar Jain wrote a letter to the Union Power Minister, RK Singh, regarding the acute shortage of coal in the Capital’s thermal power stations. The thermal generating stations in Dadri I and II, Jhajjar and Badarpur are facing <keyword id="487736" type="PERSON" weightage="20" keywordseo="Coal-shortage">coal shortage</keyword> due to the non-availability of wagons required for the transportation of coal. The supply has been on the down slope for almost 10 days now, since 19 June. The thermal stations generally keep a 15 day stock of coal with themselves, however, the current stock at the stations is sufficient only for 1.5 days of power generation. At least 56,000 metric tonnes (MT) of coal to required to generate power for a day in Delhi and the thermal stations have only about 90,000 MT of coal stock left. Considering the high power demands of the season, even this little stock is depleting fast. But, this is not a <a href="http://www.dnaindia.com/delhi/report-national-capital-glaring-at-blackout-as-coal-reserves-to-end-2630253">sudden </a>crisis as Delhi has been facing power shortage for weeks now. On 26 May, the city’s coal stock had come down to just 35,100 MT which is sufficient only for half a days’ supply. The government had then taken the matter to the Union Railway minister, Piyush Goyal after which it got better. However, the situation has now worsened agained, partially due to the current weather conditions that has pushed power demands through the roof. The city’s power demand reached an all time high of 6,934 MW on 8 June and is expected to even touch 7,000 MW in the subsequent weeks. Jain termed the matter as “critical” and warned Delhi of blackouts if the situation persists. He has requested Singh to “personally intervene” with the <keyword id="6355455" type="COMPANY" weightage="20" keywordseo="indian-railways">Indian Railways</keyword> so that wagons are urgently provided as a priority to transport coal to the Capital. Worried over the <a href="https://www.thehindu.com/news/cities/Delhi/coal-supply-in-power-plants-low-crisis-looms/article24274603.ece">power shortage</a>, Chief Minister Arvind Kejriwal has also written to Prime Minister Narendra Modi and Lieutenant Governor Anil Baijal seeking their intervention.

Delhi’s power crisis might lead to a blackout

<ul class="summary-list"><li>Germany is worried about a coal shortage as it looks for alternatives to Russian gas for power generation.</li><li>Low water levels on the Rhine are hitting shipping of coal, per a government document seen by Reuters.</li></ul>Germany is getting worried about a coal shortage this winter, as it scrambles to replace Russian gas for power generation in a worsening energy crisis.The <a href="https://www.businessinsider.com/river-rhine-europe-energy-germany-heatwave-climate-water-shipping-coal-2022-7">water in Germany's Rhine river</a> has dropped to crisis levels amid record-breaking summer heatwaves, and that has officials concerned about whether ships will be able to carry coal to power plants, according to a document seen by Reuters."Due to very reduced domestic shipping, accumulated coal stocks could quickly fall," Germany's Federal Ministry for Economic Affairs and Climate Action said in the document, according to a <a href="https://www.reuters.com/business/energy/exclusive-german-government-sees-problems-with-coal-oil-supplies-document-2022-08-24/">Reuters report</a> Wednesday.The Rhine is crucial in Europe for the transportation of cargoes such as coal, chemicals, and grains. That's true for Germany in particular, and the country's main industry lobby group warned earlier in August that factories might have to halt or cut back on production because of the shipping issues.Europe is facing a crippling <a href="https://markets.businessinsider.com/news/commodities/energy-crisis-8-out-of-10-scariness-scale-rystad-russia-2022-8">energy crisis</a>, and Germany has been caught in the eye of the storm as Russia <a href="https://markets.businessinsider.com/news/commodities/russia-gazprom-nord-stream-1-gas-energy-recession-europe-shutdown-2022-8">slashes supply of natural gas</a> to the region. Moscow is seen as ready to keep choking off gas exports in what's <a href="https://markets.businessinsider.com/news/commodities/natural-gas-most-important-story-in-energy-markets-rbc-2022-8">seen as retaliation</a> for Western sanctions over Ukraine.Like other countries in the region, Germany has sought out alternative fuels such as coal to secure power supply before winter, with its high energy needs. Its energy giant Uniper said Monday it will <a href="https://markets.businessinsider.com/news/commodities/europe-energy-crisis-russia-gas-shutoff-uniper-coal-power-plant-2022-8">temporarily revive a mothballed coal-fueled power plant</a> to generate electricity starting next week.But the Rhine logistics problem means additional coal storage sites in southern Germany will probably not be filled by winter, according to the German government document.At the same time, persistent bottlenecks mean the country's rail network won't be able to pick up the slack, it said. Government ministers on Wednesday gave the go-ahead to a measure to make energy cargoes a priority on trains.With Germany's energy squeeze comes a heavy impact on its economy. The country's central bank chief said inflation could hit a <a href="https://www.businessinsider.com/germany-inflation-70-year-high-10-percent-russia-gas-squeeze-2022-8">70-year-high of 10%</a> as Russia chokes off supply to the region.

Germany's worried about a coal shortage this winter as it scrambles to replace Russian gas: report

With no relief in sight despite coal stocks running critically low and production disruptions looming across the Indian aluminium sector, the Aluminium Association of India (<keyword id="47439" type="General" weightage="20" keywordseo="aai" source="Orion">AAI</keyword>) has approached the Ministry of Coal, urging the immediate resumption of adequate coal rakes for the highly power-intensive Aluminium industry. In its representation to the Ministry, the AAI has lauded the combined efforts by the Ministry of Coal and Coal India Limited in reviving domestic coal production, which has helped ease the coal supply crisis for the Power Sector. The steps undertaken by the Ministry increased the overall daily rakes dispatched from 242 rakes/day in September 2021 to 289 rakes/day in December 2021. This has drastically strengthened the coal stocks of the Power Sector to around 10 days, a marked improvement from a mere 2-3 days in the months of September-October last year. However, this has come at enormous cost to the <keyword id="629340" type="General" weightage="20" keywordseo="Captive-Power-Plants" source="Orion">Captive Power Plants</keyword> (CPP)-based industry and the worst impacted is the Indian aluminium industry, which continues to see depleting coal stocks of only 3-4 days, abysmally low compared to the prescribed level of 15 days for the sector. Struggling to cope with this prolonged crisis since the second quarter of this fiscal year, the AAI has now sought the Ministry's support to ensure adequate supplies to the CPPs by earmarking at least 25-30 coal rakes per day to ensure viable industry operations. The need for the CPPs is especially urgent, given that Aluminium production is a continuous process that requires huge volumes of uninterrupted quality power supply. This quantum can only be met only through the in-house CPPs set up by all the aluminium smelters plants to meet this specific requirement. Accordingly, the industry has established Captive Power Plants of 9,400 MW capacity (comprising 34 per cent of the cumulative thermal CPPs capacity domestically) to supply continuous power for Aluminium operations. Even though the Government has reiterated that there is now an improved availability of coal in the country overall, the non-availability of rakes for the non-regulated sectors remains a major concern. Curtailing coal supplies to Captive Power Plants (CPPs) has directly resulted in a coal crunch situation for the Aluminium Sector. Any power interruption in an aluminium smelting operation for more than 2 hours can lead to the freezing of molten aluminium within the smelting pots, which takes a minimum of 6 months to fix, and then almost a year to once again begin yielding the desired metal output, causing enormous production, cost and supply disruptions. With the continued crisis, it will take over a year's time to clear the backlog of rakes, and for the CPPs to build and maintain adequate coal stocks for sustainable operations. The crisis further aggravates with the last-minute cancellation of coal auctions for NRS, giving no relief for the domestic industry to secure coal for manufacturing and CPP-based industries. With the ongoing revival of the economy and increased post-pandemic industrial activity, the CPP-based industries are highly dependent on uninterrupted coal supplies which is vital for sustainable operations and the continued cost-competitiveness of power intensive industries vis-a-vis global players. Any production curtailment by this sector will have cascading effect on consumption and downstream supply chain, thereby adversely impacting the nation's GDP growth. The AAI representation has gone on to highlight that since August 2021, the Non-Regulated Sector has been facing uncertainties in securing sufficient coal rakes for continued operations, with supplies limited to just 40-50 per cent of the required coal. This has led to a backlog of over 6000 coal rakes as most of the available coal and rakes are being diverted to the Power Sector as "Priority Coal Supplies", even despite their coal inventory situation drastically improving. SEE MORE <a href="https://www.businessinsider.in/budget/news/budget-2022-nirmala-sitharaman-was-asked-these-10-questions-on-cryptocurrency-employment-inflation-in-india/slidelist/89280855.cms" data-type="tilCustomLink" style="">India’s finance minister was asked these 10 questions and these were her answers</a> <a href="https://www.businessinsider.in/business/startups/news/meet-maju-kuruvilla-the-new-indian-origin-ceo-of-fintech-startup-bolt/slidelist/89292220.cms" data-type="tilCustomLink" style="">Meet Maju Kuruvilla, the new India-orgin CEO of fintech startup Bolt</a> <a href="https://www.businessinsider.in/tech/enterprise/news/more-employees-are-leaving-tech-mahindra-than-tcs-and-wipro/articleshow/89291721.cms" data-type="tilCustomLink" style="">More employees are leaving Tech Mahindra than TCS and Wipro</a>

Coal shortage now at alarming levels, say aluminium producers

Several states in <keyword id="3658" type="General" weightage="100" keywordseo="india" source="Orion">India</keyword> are likely to see a power shortage in the coming weeks as power plants struggle to find optimum amounts of thermal coal amid rising summer demand, higher import costs and the resultant supply tightness, sources told S&amp;P Global Commodity Insights. Global thermal coal prices have remained elevated as a fallout of the Russia-Ukraine conflict, which disrupted trade flows and crippled supply amid additional demand from <keyword id="28249" type="General" weightage="50" keywordseo="europe" source="Orion">Europe</keyword>, which has now sanctioned Russian coal. As a result, imported coal has largely remained out of bounds for price-sensitive markets like India, S&amp;P Global Commodity Insights said. The shortage level was even higher at 80.08 million units on April 7, which raised concerns among several market participants, who said the crunch was near to mid-October 2021 levels when India faced an acute power crisis as the stockpile at 115 power plants slipped to critical levels. According to a notice issued by the Maharashtra State Electricity Distribution Company Ltd. on March 31, reviewed by S&amp;P Global, the state has decided to temporarily curtail electricity supply to segments of agricultural power consumers in the state. Other provinces where high supply shortages were recorded on April 10 include <keyword id="6355554" type="General" weightage="50" keywordseo="madhya-pradesh" source="Orion">Madhya Pradesh</keyword> (9.67 MU), the union territories of Jammu and <keyword id="6354495" type="General" weightage="50" keywordseo="kashmir" source="Orion">Kashmir</keyword> and Ladakh (cumulatively 4.65 MU), <keyword id="6354953" type="General" weightage="50" keywordseo="punjab" source="Orion">Punjab</keyword> (4.5 MU), Haryana (4.39 MU) and Jharkhand (2.29 MU). S&amp;P Global reported April 1 that India needs to increase thermal coal imports to meet rising power demand during the peak summers, even as import prices remain elevated due to supply tightness created by the Russia-Ukraine conflict. India's state-run Coal India said March 28 that its pithead stock is expected to rise above 60 million mt by April 1, 39.39% lower than the corresponding period in the previous year. Coal stocks at Indian power plants stood at 25.5 million mt March 28, 12.96% lower on the year. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/corporates/news/xiaomis-manu-kumar-jain-has-been-reportedly-summoned-by-the-enforcement-directorate/articleshow/90803402.cms">Xiaomi’s Manu Kumar Jain has been reportedly summoned by the Enforcement Directorate</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/travel-tourism-and-hospitality-sector-is-witnessing-a-surge-in-manpower-demand-by-20-percent/slidelist/90799907.cms">Travel, tourism and hospitality sector is witnessing a surge in manpower demand by 20 percent</a>

India to face more power cuts amid coal shortage and rising demand

Mumbai, Dec 17 () Jindal Steel and Power Ltd (JSPL) hopes to become debt free in the next 3-4 years, its Chairman Naveen Jindal said on Tuesday.
Speaking at the India Economic Conclave 2019, he however said his company will no longer expand in newer areas.
"In the last few years, the way things have hit us, we have become risk averse and conservative. We aim to be debt-free in the next 3-4 years. This means we will grow less but we will make sure we remain profitable and maintain our EBITDA margins," he said. 
He noted that the company was not keen on expanding in new areas or growing as it did initially because there is "no appreciation" of the contribution that the company has made in the power and steel sectors. 
His comments come a day after the government denied allocation of a coal mine at Gare Palma, Chhattisgarh, to JSPL citing low valuation, even as it emerged as the highest bidder for the block at the recent auction.
"What has hit us is mostly the cancellation of coal blocks in 2014 and certainly after having invested around Rs 75,000 crore, we were left with no fuel source and we could never imagine that the Supreme Court would cancel all the fuel sources of all companies against the advice of CAG which said coal producers should be incentivised. 
"We were penalised with Rs 3,500 crore and were left without fuel. Last 4-5 years we have learned to manage without that to run our steel plants on 100 per cent imported coal and it was challenging but we are coming out stronger," he said. 
Expressing hope that there will be improvement in availability of coal, he said since India has the third largest reserves of coal, there is no reason why there should be any shortage of the dry fuel.
"It is only a matter of time, it will increase and we will not have shortage," Jindal added.
When asked about the decline in demand and prices of steel he said the sector has now started to look up and the demand is likely to come back. 
"Currently, prices are low but then the coking coal prices have also come down. We are still able to maintain our margins so steel is looking good. Power demand and pricing has gone down and there is also a shortage of coal. 
 "However, that seems to be improving now. Also with the steps the government is taking with regards to commercial mining and bidding of coal blocks, I do not think there will be shortage of the fuel," he added. PSK ANU
ANU

JSPL hopes to become debt free in 4 years: Naveen Jindal

Due to the power shortage in the country, the Centre has requested the <keyword id="6354977" type="ORGANIZATION" weightage="100" keywordseo="Supreme-Court">Supreme Court</keyword> exempt 46 coal mines that it had pronounced illegal from cancellation as they were either producing or were close to producing power. 
 <keyword id="43805" type="POSITION" weightage="60" keywordseo="Attorney-General">Attorney General</keyword> <keyword id="195903" type="PERSON" weightage="60" keywordseo="Mukul-Rohatgi">Mukul Rohatgi</keyword> said that the government was open to re-auction the <keyword id="122769" type="UNKNOWN" weightage="100" keywordseo="coal-blocks">coal blocks</keyword> in case allocations are cancelled. 
According to a media report, Rohatgi asked the court not to refer the issue to a committee as “it would further delay coal auctions.” 
 
The Supreme Court had earlier said that all the coal blocks allocated between 1993 and 2011 were illegal. "All allocations were done in an illegal manner and it suffers from vice of arbitrariness," it pronounced. 
 
A bench headed by Chief Justice R M Lodha said that the allocation by the screening committee was not “fair and transparent.” 
 
However, it gave its nod to the continuation of the coal blocks allocations to ultra mega power projects but forbade them from using the coal for any purpose. 
 
According to analysts, large-scale cancellation of coal blocks would further escalate the shortage of coal for power plants.

Govt Requests SC To Refrain
From Cancelling 46 Coal Blocks

<ul class="summary-list"><li>The International <keyword id="11917806" type="UNKNOWN" weightage="60" keywordseo="energy" source="Orion">Energy</keyword> Agency estimates investment in <keyword id="11911392" type="UNKNOWN" weightage="60" keywordseo="coal" source="Orion">coal</keyword> will jump 10% on-year in 2022. </li><li>A growing number of EU countries are planning a switch to coal as supply of <keyword id="6354703" type="UNKNOWN" weightage="60" keywordseo="natural-gas" source="Orion">natural gas</keyword> comes under threat.</li></ul>Investment in coal is likely to jump 10% this year, as a growing number of countries race to secure alternative sources of fuel to improve energy security, which has been eroded by the <keyword id="11985141" type="UNKNOWN" weightage="60" keywordseo="ukraine" source="Orion">Ukraine</keyword> war, according to the <a href="https://www.iea.org/news/record-clean-energy-spending-is-set-to-help-global-energy-investment-grow-by-8-in-2022">International Energy Agency (IEA.)</a>"<keyword id="11894337" type="UNKNOWN" weightage="60" keywordseo="russia" source="Orion">Russia</keyword>'s invasion of Ukraine has upended the fuel investment landscape and intensified a commodity price shock," said the IEA in its <a href="https://iea.blob.core.windows.net/assets/db74ebb7-272f-4613-bdbd-a2e0922449e7/WorldEnergyInvestment2022.pdf">World Energy Investment 2022</a> report on Wednesday.The global energy <keyword id="11893875" type="UNKNOWN" weightage="100" keywordseo="markets" source="Orion">markets</keyword> were already getting squeezed by the strong recovery in economic activity as coronavirus lockdowns eased and supply fell far short of demand. The war in Ukraine has only added to those concerns, given Russia's position as a major energy supplier and oil prices are up around 40% year-to-date as a result.About $105 billion was invested in the coal supply chain in 2021, up 10% from 2002, according to the IEA, which advises Western governments on energy policy, and "tight supply continues to attract new projects," it added.China and India are expected to lead the greater push into coal, given that they are the world's top two consumers. <a href="https://www.businessinsider.com/china-power-shortage-halts-apple-tesla-suppliers-stresses-supply-chain-2021-9">China</a> experienced power rationing and coal shortages last year, which made energy security a near-term priority for the government. India is looking to bump up domestic coal production to replace costlier imports to deal with power shortages, according to the IEA.Coal is seeing a resurgence not just in China and India, but also in Europe, which gets 40% of its natural gas from Russia and which may now need to find alternative sources of fuel, given the risk of Moscow shutting off exports altogether. <a href="https://www.businessinsider.com/europe-energy-emergency-plans-coal-power-russia-cuts-gas-supply-2022-6">Germany, Italy, Austria, and the Netherlands</a> indicated recently coal-generated power could help them weather an energy crisis this coming winter. This is at odds with their commitment to cut back on the use of coal — the <a href="https://www.epa.gov/ghgemissions/sources-greenhouse-gas-emissions">most polluting fossil fuel</a> — and most European countries' plans to <a href="https://energy.ec.europa.eu/topics/oil-gas-and-coal/eu-coal-regions/coal-regions-transition_en">phase out coal-fired plants by 2030.</a> Although Europe is shifting to coal temporarily, it isn't investing more money in it, the IEA said. European countries import most of their coal from Russia, the US and Australia, according to <a href="https://ec.europa.eu/eurostat/cache/infographs/energy/bloc-2c.html">Eurostat.</a> The EU will ban <a href="https://www.businessinsider.com/european-union-coal-ban-russia-oil-natural-gas-ukraine-war-2022-4">Russian coal imports</a> by August 10. South Africa is expected to be a major beneficiary from the shift, according to a <a href="https://www.euractiv.com/section/climate-environment/news/europe-imports-more-south-african-coal-as-russian-ban-looms/">Euractiv</a> report last week. This demand has sent the price of coal for delivery in Europe up by about 150% this year.Despite the shift back to coal in some countries, global investment in clean energy is finally ramping up after remaining flat for several years, noted the IEA. Clean energy investment is expected to exceed $1.4 trillion in 2022, while global energy investment will hit $2.4 trillion, marking a rise of 8%, the agency said.

Investment in coal &mdash; the dirtiest fossil fuel &mdash; is set to rise 10% this year as energy security grows increasingly fragile due to the Ukraine war

You Searched For "Coal shortage" and got 7 results

Delhi’s power crisis might lead to a blackout

BI India Bureau

Germany's worried about a coal shortage this winter as it scrambles to replace Russian gas: report

Zahra Tayeb

Coal shortage now at alarming levels, say aluminium producers

IANS

India to face more power cuts amid coal shortage and rising demand

IANS

JSPL hopes to become debt free in 4 years: Naveen Jindal

PTI

Govt Requests SC To Refrain From Cancelling 46 Coal Blocks

BI India Bureau

Investment in coal the dirtiest fossil fuel — is set to rise 10% this year as energy security grows increasingly fragile due to the Ukraine war

Huileng Tan

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You Searched For "Coal shortage" and got 7 results

Delhi’s power crisis might lead to a blackout

BI India Bureau

Germany's worried about a coal shortage this winter as it scrambles to replace Russian gas: report

Zahra Tayeb

Coal shortage now at alarming levels, say aluminium producers

IANS

India to face more power cuts amid coal shortage and rising demand

IANS

JSPL hopes to become debt free in 4 years: Naveen Jindal

PTI

Govt Requests SC To Refrain From Cancelling 46 Coal Blocks

BI India Bureau

Investment in coal the dirtiest fossil fuel &mdash; is set to rise 10% this year as energy security grows increasingly fragile due to the Ukraine war

Huileng Tan

Popular Keywords

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Investment in coal the dirtiest fossil fuel — is set to rise 10% this year as energy security grows increasingly fragile due to the Ukraine war