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<ul><li>About 22 power plants have shut down due to shortage of coal.</li><li>Despite this, the union power ministry says the fear of <keyword id="44721" type="General" weightage="20" keywordseo="power-crisis" source="Orion">power crisis</keyword> in India is overblown.</li><li>Maharashtra claims that electricity is being sold as high as ₹20 per unit on power exchange, even though it was priced at ₹3.7 in May.</li><li>Punjab, Tamil Nadu, Karnataka and three other states are facing power crisis.</li></ul>At least six states of India are currently facing power cuts, while Maharashtra, Delhi and Kerala are closely staring at it. Even though the government of India has time and again assured that it won’t let it come to that, the fact of the matter is that about 22 power plants have shut down due to shortage of coal. Even the coal that is available is being sold at exceedingly high costs. If the situation doesn’t improve India is starting at a grave situation. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">State </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Power plants shut </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Maharashtra </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">13 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Punjab </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">3 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><a href="https://www.thehindu.com/news/national/andhra-pradesh/power-crisis-triggered-by-coal-shortage-not-limited-to-ap/article36954397.ece">Andhra Pradesh</a> </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">2 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"><a href="https://www.livemint.com/industry/energy/blackout-crisis-in-india-list-of-states-which-may-face-power-cut-as-coal-demand-rise-11633846435899.html">Kerala</a> </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">4 </td></tr></tbody><tbody></tbody><tbody></tbody></table>Source: Media reports According to data shared by the Central Electricity Authority of India on October 5, nearly 80% of the country’s coal-fired plants were in critical or “supercritical” stages. This meant that these coal reserves had coal reserves to only last less than five days. The electricity authority has not shared any updated information since then. Government says there is no <keyword id="487736" type="General" weightage="20" keywordseo="coal-shortage" source="Orion">coal shortage</keyword> The union power ministry has called the fear of power crisis in India overblown, while the ministry of coal has emphasised that "ample coal is available in the country to meet the demand". However, the government and the ministries have taken cognizance of the matter and the sensitive situation in several states. The Indian government has <a href="https://economictimes.indiatimes.com/industry/energy/power/govt-asks-power-plants-to-blend-10-imported-coal-to-step-up-supply/articleshow/86981558.cms?utm_source=contentofinterest&amp;utm_medium=text&amp;utm_campaign=cppst" data-type="tilCustomLink">reportedly</a> asked thermal power units to restart the discontinued practice of blending 10% imported coal over concerns of depleting stock. On October 12, the ministry of power issued a statement directing state governments to inform the central government in case of power surplus, so that this power could be transferred to other “needy states.” They also prohibited states from selling power to states at a higher cost. Power ministry jumps in to cut the cost Kerala and Maharashtra are two such states that have come forward to confirm that they have been purchasing electricity at higher prices. “We have a thermal generation of around 14,000 megawatts and due to the shortfall, we have to purchase electricity from the power exchange at exorbitant costs which is as high as ₹20 per unit,” Maharashtra State Electricity Distribution Company Limited (MSEDCL) Managing Director Vijay Singhal said. The average spot power price stood at<a href="https://www.newindianexpress.com/business/2021/may/06/average-spot-power-price-up-nearly-53-pc-to-rs-370unit-in-april-at-iex-2299174.html"> ₹3.70 per unit</a> in May 2021. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">States </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Issues </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Punjab </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Scheduled power cuts, lasting up to six hours </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Maharashtra </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Buying electricity at ₹20 per unit </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tamil Nadu </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Power cut in parts of Chennai </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Karnataka </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Power cut in parts of Bengaluru on October 12, 13 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Andhra Pradesh </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Getting 40,000 tone of supply, against 70,000 tonnes </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Rajasthan, Jharkhand and Bihar </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Power cuts up to 14 hours </td></tr></tbody><tbody></tbody><tbody></tbody></table>Source: Media reports Several regions, including Delhi and Maharashtra, have advised consumers to use electricity judiciously as power supply is at a critical level. The problem doesn’t end with coal According to Rupesh Sankhe, vice president at Elara Capital, fuel supply agreements (FSA) — which fixes the cost of coal charged by <keyword id="45383" type="General" weightage="20" keywordseo="coal-india" source="Orion">Coal India</keyword> while selling to power producers — price is ₹1,500 per tonne while e-auction price ₹2,200 per tonne, imported coal ₹6000, adjusted for calorific value, Sankhe added. e-Auction for sale of coal to other buyers, including traders. Tata Power is one of those power producers that import coal. The company reduced its production capacity to<a href="https://economictimes.indiatimes.com/markets/stocks/news/why-rising-coal-prices-is-not-a-worry-for-tata-power/articleshow/86815179.cms"> 20% in June quarter</a> in its coal-based power plant at Mundra — which supplied electricity to Gujarat, Punjab, Rajasthan, Maharashtra and Haryana. This was done to avoid large losses. India is staring at a grave situation if things don’t get better soon. Especially because coal isn’t the only thing that one needs to worry about. The prices of other power sources like crude oil, and natural gas have been spiking too, which has the<a href="https://www.businessinsider.in/india/news/heres-why-indias-coal-shortage-may-not-immediately-push-up-electricity-bills-but-household-expenses-will-still-rise/articleshow/86806149.cms"> potential to depreciate the value of rupee</a>. SEE ALSO <a href="https://www.businessinsider.in/business/auto/news/tata-motors-gets-a-billion-dollar-investment-from-tpg-group/articleshow/86966522.cms" data-type="tilCustomLink">TPG makes a billion dollar bet on Tata Motors’ EV dreams</a> <a href="https://www.businessinsider.in/india/news/india-allows-domestic-flights-to-operate-at-full-capacity-from-monday/articleshow/86965330.cms">India allows domestic flights to operate at full capacity from Monday</a> <a href="https://www.businessinsider.in/business/startups/news/former-sbi-chair-rajnish-kumar-joins-bharatpe-to-guide-its-transformation-to-a-small-finance-bank/articleshow/86963500.cms">Former SBI chair Rajnish Kumar joins BharatPe to guide its transformation to a small finance bank</a>

The depth of India's power crisis

<ul><li>Tomato prices are spiking across the country.</li><li>In Chennai, the price has even gone up to ₹70/kg.</li><li>Unexpected rains in a few states damaging tomato cultivation is being pointed out as the main reason.</li></ul>It’s the season of shortages in India. <keyword id="318522" type="General" weightage="20" keywordseo="semiconductor-chips" source="Orion">Semiconductor chips</keyword> are rare globally and India is no different. The recent spike in power consumption has led to a shortage of locally-sourced <keyword id="6356966" type="General" weightage="20" keywordseo="coal" source="Orion">coal</keyword> in India leading to power cuts <a href="https://www.businessinsider.in/india/news/coal-shortage-many-districts-in-bihar-face-mor[%E2%80%A6]of-power-outage-in-last-few-days/articleshow/86987165.cms">for as much as 10 hours a day</a> in some parts of the country. Tomatoes are the next in line. Yes, tomatoes. Wholesale prices have spiked to ₹40 a kilogram (kg) in Karnataka, according to news agency ANI. Local media reports also suggest that the prices of tomatoes at the Ghazipur Mandi, a wholesale market near the national capital, also touched ₹36 per kg. Retail prices have crossed ₹50 in Delhi and Mumbai. In Chennai, reports suggest that the prices have crossed ₹70. Some unexpected rains damaged crops in Maharashtra, Rajasthan, Haryana and Karnataka. These are states that produce a lot of tomatoes and therefore the supply has shrunk and the prices are up. There is a trickle down effect from rising fuel prices too, which have added to the cost of transportation of these vegetables. This is visible in the rise in prices of other vegetables too, which <a href="https://www.indiatvnews.com/news/india/vegetable-prices-in-delhi-hike-up-by-25-wholesalers-blamed-rains-fuel-price-hike-739973">are reportedly up by about 25%</a>. The latest spike has come a day after government data showed that consumer price inflation had fallen to 4.35%, the lowest in the last five months. The Reserve Bank of India, too, recently projected a benign impact due to rising living expenses. However, the risks seem to be piling up. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/advertising/ad-tech/news/inmobi-acquires-uk-based-appsumer-which-helps-picsart-miniclip-with-its-digital-marketing-efforts/articleshow/86988865.cms">InMobi acquires UK-based Appsumer, which helps Picsart, Miniclip with its digital marketing efforts</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/android-phones-constantly-send-data-from-pre-installed-apps-even-if-theyve-never-been-used-before/articleshow/86988368.cms">Research reveals Android phones constantly send data from pre-installed apps even if they’ve never been used before</a>

After semiconductor chips and coal, India now has a tomato shortage

<ul><li>India is in the middle of an energy crisis, with only four days of coal reserves left in its bucket.</li><li>The price of petrol, diesel and cooking gas is rising on the side and this has put rupee at the risk of depreciation.</li><li> India largely imports coal from Indonesia and the benchmark prices there have increased over 171% this year so far.</li></ul>India is in the middle of an energy crisis, with only four days of coal reserves left in its bucket. The price of petrol, diesel and <a href="https://www.businessinsider.in/india/news/cooking-gas-prices-have-been-hiked-to-899-50-per-cylinder-and-it-could-get-worse/articleshow/86802448.cms">cooking gas</a> is rising on the side and all of this will push the value of the Indian rupee down. That’s because most of India’s energy requirements are met through imports. If the international prices rise further, India will need more dollars to pay for these inputs: coal, crude oil or natural gas. This will weaken the rupee i.e. the same amount of rupees will be able to buy fewer things, leading to more <keyword id="22195" type="General" weightage="20" keywordseo="inflation" source="Orion">inflation</keyword>. So far, the increasing prices of coal did not really hit consumers because most of it was being produced locally. But with power plants running out of coal stocks, India may have to import more coal at least for the time being. India largely imports coal from Indonesia and the benchmark prices there have increased over 171% this year so far, after <a href="https://capital.com/indonesia-lifts-october-s-coal-benchmark-price-to-fresh-record-at-161-63-tonne">the latest price hike today</a> (October 6). “I am just hoping that it will tone down in the next three to six months, or it will lead to a huge impact on long term profitability of Indian companies going forward,” Abhishek Jain, chief market strategist, BP Equities, told Business Insider. <table style="border-width: initial; border-style: none;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Company </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Last one month share price change </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Ultratech </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-6.29% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Hindalco </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-3.09 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">NTPC </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">+23.49% </td></tr></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody></table> When companies see their expenses rising, they may have to pass on the higher cost to the consumer. This might affect everything from everyday items to cars, bikes, appliances and more. The rising cost of fuel will add to the transport and, eventually, to the price that consumers pay. However, the coal shortage may not affect your <keyword id="159810" type="General" weightage="20" keywordseo="electricity-bills" source="Orion">electricity bills</keyword>, at least not immediately. While power minister RK Singh has not ruled out power cuts, the higher cost of coal may not immediately reflect in power tariffs. However, if the shortage lasts long enough and the cost of imported coal rises, tariffs may also follow suit. For now, the price of coal for power plants is fixed, for nearly 85% of the demand. The cost will rise only for those power producers which buy coal via online auctions, explained Rupesh Sankhe, vice president at Elara Capital. The fuel supply agreements (FSA) — which fixes the cost of coal charged by <keyword id="45383" type="General" weightage="20" keywordseo="coal-india" source="Orion">Coal India</keyword> while selling to power producers — price is ₹1,500 per tonne while e-auction price ₹2,200 per tonne, imported coal ₹6000, adjusted for calorific value, Sankhe added. e-Auction for sale of coal to other buyers, including traders. The e-Auction is carried out for the sale of coal to other buyers, including traders. Tata Power, Adani Power, and NTPC are some of the thermal power plants that import coal. These cannot necessarily transfer these increased costs to state power plants, which are their customers, financial services company ValPro's director Anshuman Khanna told Business Insider. They will lose some profit in the process. <div type="image" title="Here’s why India’s coal shortage may not immediately push up electricity bills but household expenses will still rise" msid="86806239" hostid="261"></div> The longer the rise in imports of crude oil, natural gas and coal lasts, the weaker the rupee will be. And therefore, the inflation may rise too. On the other hand, the flow of dollars into Indian financial markets, in stocks and bonds, has been a solace. But the odds are still stacked against the rupee. Jay Shankar, Head of Economics Research at InCred Equities, noted “INR was Asia’s third worst performer in September. There are multitudes of technical and fundamental factors affecting the value of a currency. Indeed, valuation of currencies is still an inexact science. The REER in August (40 currency 2015-16 index) at 104.1 (export weighted) and 104.8 (trade weighted) indicated that the INR can move towards its all time low of 76.91 reached in April 2020.” Harihar Krishnamoorthy of FirstRand Bank Limited hopes that the upcoming blockbuster IPOs from tech startups like Paytm and Policybazaar will keep the rupee afloat. This may be an additional headache for the monetary policy panel chaired by Shaktikanta Das, the governor at the Reserve Bank of India. The job of the panel is to keep inflation within check, the target is<a href="https://www.rbi.org.in/Scripts/BS_SpeechesView.aspx?Id=1119"> 4% until March</a>. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Month </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Consumer Price Index </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">January 2021 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">156.3 points </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">February 2021 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">156.6 points </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">March 2021 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">156.8 points </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">April 2021 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">157.8 points </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">May 2021 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">160.4 points </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">June 2021 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">161.3 points </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">July 2021 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">162.5 points </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">August 2021 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">162.9 points </td></tr></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody><tbody></tbody></table> The commentary from Governor Das on Friday (October 8), after the credit policy review, will be an important cue to watch out for. It will tell us how bad the inflation could be in the coming months. SEE ALSO <a href="https://www.businessinsider.in/india/news/up-government-to-give-free-tablets-smartphones-to-students-pursuing-higher-education/articleshow/86801328.cms">UP government to give free tablets, smartphones to students pursuing higher education</a> <a href="https://www.businessinsider.in/india/news/supreme-court-extends-stay-on-criminal-proceedings-against-azim-premji-others/articleshow/86801060.cms">Supreme Court extends stay on criminal proceedings against Azim Premji, others</a>

Here’s why India’s coal shortage may not immediately push up electricity bills but household expenses will still rise

<ul><li>India's Power Minister R.K. Singh said that sufficient fuel was being provided to <keyword id="34551" type="General" weightage="20" keywordseo="power-plants" source="Orion">power plants</keyword> supplying Delhi. </li><li>The central government's assurance came after Delhi's Power Minister Satyendra Jain spoke about the possibility of a blackout in the national capital.</li><li>The Coal Ministry and CIL have assured that there is ample coal available in the country to meet the demand of power plants.</li></ul>Delhi will not face any energy crisis as sufficient fuel is being provided to power plants supplying the national capital, Union Power Minister R.K. Singh said on Sunday after reviewing coal stock position in all thermal power plants including those supplying power to Delhi distribution companies. The Central assurance came a day after Delhi Power Minister Satyendra Jain had said that if the <keyword id="500152" type="General" weightage="20" keywordseo="coal-supply" source="Orion">coal supply</keyword> didn't improve, there will be a <keyword id="12280112" type="General" weightage="20" keywordseo="blackout-in-delhi" source="Orion">blackout in Delhi</keyword> in two days. On October 9, the total despatch of coal from all sources (Coal India Ltd, Singareni Collieries, captive coal mines, and imported coal) was 1.92 million tonnes while the total consumption was 1.87 million tonnes, officials said. Thus, the coal dispatches have exceeded the consumption, thereby indicating shift to gradual building up of coal stock. The Coal Ministry and CIL have assured that there is ample coal available in the country to meet the demand of power plants, and any fear of disruption in power supply is entirely misplaced. The coal stock at power plants is sufficient for more than four days' requirement and as the coal supply is being ramped up by CIL, the coal stock at power plant would gradually improve, they said. Singh has directed that distribution companies of Delhi will get as much as power as requisitioned by them as per their demand. The NTPC and DVC have been directed to give full availability as per the requirement of discoms. GAIL India Ltd has been advised to make gas available from all sources viz., APM, SPOT, LT-RLNG sources to gas-based power plants in Delhi. NTPC has also been advised to offer normative declared capacity to the Delhi discoms, as per their allocations from gas-based power plants under respective PPAs. If any discoms is found to resort to load shedding despite being power available as per PPA, action would be initiated against them, the Power Ministry has said. Despite heavy rains in the month of August and September, steep hike in power demand due to economic recovery, and increase in prices of imported coal, <a href="https://www.businessinsider.in/india/news/what-is-indias-coal-crisis/slidelist/86803295.cms" data-type="tilCustomLink">domestic coal supply</a> have sustained the operation of power plants and all out efforts are being made to ensure full power supply to the discoms as per their requirements, a ministry statement said. SEE ALSO: <h2 style="margin-bottom: 8px; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-weight: inherit; font-stretch: inherit; font-size: 16px; line-height: 1.5; font-family: LabGrotesque-Black, Helvetica, Arial, sans-serif; vertical-align: baseline; order: 3; color: rgb(17, 17, 17); background-color: rgb(255, 255, 255);"><a target="_blank" class="c-link" href="https://www.businessinsider.in/business/corporates/news/tcs-will-hire-35000-freshers-in-the-next-six-months/articleshow/86871159.cms">TCS has nearly doubled its hiring plan for the year as attrition remains high</a> <a target="_blank" class="c-link" href="https://www.businessinsider.in/business/corporates/news/tata-sons-buy-air-india-for-2-39-billion-from-the-indian-government/articleshow/86867529.cms">Tata Sons buys ‘Maharajah’ for $2.39 billion from the Indian government</a></h2>

Indian government assures sufficient fuel supplies to power plants amid blackout concerns in Delhi

As the <keyword id="34549" type="General" weightage="20" keywordseo="electricity-generation" source="Orion">electricity generation</keyword> was hit due to <keyword id="487736" type="General" weightage="20" keywordseo="Coal-shortage" source="Orion">coal shortage</keyword> in the country, its effect has started showing in <keyword id="30033" type="General" weightage="100" keywordseo="bihar" source="Orion">Bihar</keyword> with many districts facing more than 10 hours of power outage for the last few days. According to an official, Bihar required 6,500 megawatt electricity but the state government managed to get only 4,700 megawatt. The contribution of the central government is 3,200 megawatt and the state government is purchasing the remaining 1,500 megawatt from the open market at the cost of ₹20 per unit. Such a situation arose after the Centre reduced power supply by more than 20 per cent. As a result many districts especially in North Bihar are not receiving adequate power supply. <keyword id="6374885" type="General" weightage="20" keywordseo="Muzaffarpur" source="Orion">Muzaffarpur</keyword> district has the largest grid in North Bihar. The state government is using its feeders in rotation to supply electricity to other districts. Saharsa district normally gets 50 megawatt but now due to reduced power supply, it is receiving only 35 megawatt. Similarly, Madhepura is getting only 80 megawatt instead of 100 megawatt, Araria is getting 100 megawatt instead of 120 megawatt, Katihar is receiving 75 megawatt instead of 90 megawatt, Kishanganj is getting only 20 megawatt while its normal capacity is 60 megawatt, Purnea is getting 110 megawatt instead of 150 megawatt, Lakhisarai is getting 20 megawatt while its normal capacity is 25 megawatt, Khagaria is receiving 15 megawatt while is capacity is 40 megawatt, Munger is receiving 70 megawatt while its requirement is 90 megawatt. Besides, districts like Banka, Bhojpur, Aurangabad, Buxar, Saran, Gopalganj, Jahanabad, Gaya and Arwal are also receiving 20 to 30 per cent less electricity supply. Earlier, Chief Minister <keyword id="6358190" type="General" weightage="20" keywordseo="nitish-kumar" source="Orion">Nitish Kumar</keyword> on Monday said that the state government is working hard to procure power to avoid cut. Electricity supply will not be disrupted in the state, he had said. Bihar Chamber of Commerce and Industries claims that lower supply has not affected industries in the state. The officials believe that the majority of the units are closed due to Durga Puja. "As the Durga Puja is currently underway in the state, the majority of the industrial units are shut. It could affect production if the state government would not act swiftly. I personally believe that the state government is taking measures to bring the situation under control," said Amit Mukherji, general secretary of Bihar Chamber of Commerce and Industries. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/corporates/news/invesco-reveals-it-proposed-zees-merger-with-reliance-suggests-that-the-company-left-money-on-the-table-in-sony-merger/articleshow/86984896.cms">Invesco reveals it proposed Zee’s merger with Reliance, suggests that the company left money on the table in Sony merger</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/global-pc-shipments-reach-86-7-million-units-in-q3-idc-report/articleshow/86984575.cms">Global PC shipments reach 86.7 million units in Q3: IDC report</a>

Coal shortage: Many districts in Bihar face more than 10 hours of power outage in last few days

<ul><li>Coal India’s shares were trading at ₹206.1 at 1:13 p.m., on April 21.</li><li>The situation at Indian power plants remains grim with nine days’ worth of coal stock, Nomura said earlier this week.</li><li>Analysts expect Coal India stock to benefit from the rise in demand and breach ₹230 in the near future.</li></ul>The share price of Coal India Limited (CIL) reached a two year-high earlier on Thursday despite the excessive shortage of coal in the country at the moment. The company’s shares were trading at ₹206.1 at 1:13 p.m., on April 21. Coal India currently sits on a market cap of ₹1,26,890 crore (₹16 billion). The development comes only two days after a report by Japanese financial services firm Nomura highlighted that the coal inventories held by the <a href="https://www.businessinsider.in/india/news/india-only-has-coal-inventories-worth-9-days-this-could-result-in-power-cuts-and-high-electricity-costs/slidelist/90959416.cms">Indian power plants remain tight at nine days’ worth of stock </a>as of mid-April and it could result in power outages. The report, titled ‘India: A power crunch in the making’, also noted this <keyword id="487736" type="General" weightage="20" keywordseo="coal-shortage" source="Orion">coal shortage</keyword> could lead to another “stagflationary shock” if the situation does not improve. Besides this, it could also result in diversion of coal from non-power sectors like aluminum, cement, steel, weighing on industrial output and this could increase the cost of electricity. The nine day worth of stock is much lower than the average stock of 17 days held in April over the last five years. Nearly 100 out of the 172 power plants in India have critical coal stocks, which means it is less than 25% of the normative levels. “This shortage of coal and high prices are benefiting the Coal India stock prices. Analysing the recent volume price action, the volumes have been encouraging in the recent up move indicating strong hands have started accumulating the stock at current levels and may touch the levels of 230 in near future,” Ravi Singh, vice president and head of research at Share India, told Business Insider. <div type="image" title="India’s ongoing energy crisis is helping Coal India’s shares overcome the two-year slump and it could go up further" msid="90979041" hostid="261"></div> While Singh expects Coal India’s share price to cross ₹230 in the near future, Proficient Equities’s Manoj Dalmia expects it to breach ₹268 in the mid-term horizon. Dalmia, founder and director of Proficient Equities, too cited the rise in demand for coal and reduction in supply as reasons behind Coal India’s recent uptick on the stock market. India had witnessed a<a href="https://www.businessinsider.in/india/news/heres-why-indias-coal-shortage-may-not-immediately-push-up-electricity-bills-but-household-expenses-will-still-rise/articleshow/86806149.cms"> similar crisis in October 2021 </a>when the country’s stockpiles fell to the lowest point in years. At that time, India only had coal inventories worth five days. However, this time the situation was worsened by the high demand of electricity and the supply chain description caused by the ongoing Russia-Ukraine conflict. The government of India, since October, has been aggressively trying to increase coal production via commercial auctions, allowing sale of excess production, rolling auction and speeding up operationalisation of coal mines. SEE ALSO <a class="tout-title-link" href="https://www.businessinsider.in/stock-market/news/tata-steel-tata-elxsi-hcl-tech-nestle-india-and-other-hot-stocks-on-april-21/slidelist/90971002.cms">Tata Steel, Tata Elxsi, HCL Tech, Nestle India and other hot stocks on April 21</a> <a href="https://www.businessinsider.in/business/startups/news/dream11s-parent-marks-its-foray-into-web3-by-investing-in-cricket-nfts-startup-rario/articleshow/90972760.cms" data-type="tilCustomLink">Dream11’s parent marks its foray into Web3 by investing in cricket NFTs startup Rario </a> <a href="https://www.businessinsider.in/sustainability/article/indian-livelihoods-turn-less-green-sharp-decline-in-hiring-green-jobs-over-the-last-five-years-compared-to-the-global-average/articleshow/90971775.cms" data-type="tilCustomLink">Indian livelihoods turn less green! Sharp decline in hiring green workforce over the last five years compared to the global average</a>

India’s ongoing energy crisis is helping Coal India’s shares overcome the two-year slump and it could go up further

New Delhi, India's total <keyword id="6383145" type="General" weightage="20" keywordseo="Coal-production" source="Orion">coal production</keyword> rose 8.40 per cent to 222.93 million tonne (MT) in April-June 2023-24, an official statement said on Monday. The country's overall coal output was 205.65 MT in the year-ago quarter, the Ministry of Coal said. Captive mines /others registered a growth of 4.74 per cent to 30.48 MT in Q1 FY24, from 29.10 MT in Q1 FY23. The cumulative coal dispatch grew 6.97 per cent to 239.69 MT in Q1 this fiscal compared to 224.08 MT in Q1 of FY23. The total coal stock, as of June 30, 2023, surged 37.62 per cent to 107.15 MT (provisional) from 77.86 MT a year ago. "This growth indicates the continued efforts to meet the rising demand for coal," the ministry said. State-owned <keyword id="45383" type="General" weightage="100" keywordseo="coal-India" source="Orion">Coal India</keyword> Limited (CIL) has recorded 9.85 per cent growth, with production reaching 175.35 MT in Q1 FY24 compared to 159.63 MT a year ago. India will not face any coal shortage this year, even during the monsoon, Coal and Mines Minister Pralhad Joshi said last month.

India's coal output grows 8.40% to 222.93 MT in April-June 2023

<ul><li>There is an ongoing <keyword id="2865476" type="General" weightage="80" keywordseo="heatwave-in-india" source="Orion">heatwave in India</keyword>, forcing millions of Indians indoors amidst the worst March in 122 years.</li><li><keyword id="487736" type="General" weightage="20" keywordseo="coal-shortage" source="Orion">Coal shortage</keyword> and <keyword id="6361137" type="General" weightage="20" keywordseo="power-cuts" source="Orion">power cuts</keyword> across the country have also worsened things for millions across the country.</li><li>This is where <keyword id="9451062" type="General" weightage="100" keywordseo="wet-bulb-temperature" source="Orion">wet bulb temperature</keyword> comes in and here’s why it is important.</li></ul>There is an ongoing <keyword id="6371478" type="General" weightage="20" keywordseo="heatwave" source="Orion">heatwave</keyword> in India that has forced millions of people indoors, with air conditioner sales nearly doubling when compared to the previous year. This heatwave has also brought the wet bulb temperature concept into mainstream conversation. There are multiple reasons behind this – while the current heatwave is not India’s worst, yet, we endured the hottest March in 122 years. <a href="https://www.businessinsider.in/india/news/why-are-there-power-cuts-and-heatwave-in-india/articleshow/91177785.cms">Coal shortages</a> and a drastic <a href="https://www.businessinsider.in/india/news/indias-peak-power-demand-touches-all-time-high-of-207111-mw-amid-alarming-heatwave/articleshow/91198935.cms">surge in power demand</a> have led to power cuts in several parts of the country – some as long as eight hours. In fact, there is a power cut right now as I write this story. Global warming is expected to worsen this situation with each passing year. And while the temperature and humidity levels give us a fair amount of idea about the weather outside, they do not tell us exactly how bad it can be for our bodies. This is where the wet bulb temperature is useful. <cmsannotation type="cmsannotation" annotationid="What is wet bulb temperature?" comment="subhead" text="What is wet bulb temperature?">What is wet bulb temperature?</cmsannotation> In simpler terms, wet bulb temperature tells us at what level our bodies will be unable to cool themselves down by sweating. In this case, the threat of a heat stroke rises dramatically. Wet bulb temperature combines heat and humidity to indicate how much evaporation can be absorbed into the air. It measures the lowest temperatures that our bodies can reach when we are in hotter environments, by sweating. <div type="image" title="wet-bulb" msid="91307695" hostid="261" caption="&amp;lt;p&amp;gt;An illustrative comparison of dry and wet bulb temperatures&amp;lt;/p&amp;gt;"></div> Our bodies cool themselves down in hot temperatures by sweating – when the sweat evaporates from the surface of the skin, the temperature of our bodies comes down. This evaporation is easier when you are in a drier zone with lower humidity levels. For instance, 35-degree Celsius in a coastal Indian city like Chennai is a lot more unbearable than in places like Hyderabad, Indore or any other non-coastal city in the country. This is because the humidity levels are much higher in coastal areas than those far away from the seas. When the air around you is already humid, it becomes difficult for the sweat on your skin to evaporate. When the sweat does not evaporate quickly enough, your body does not cool down and you start feeling uneasy. This is exactly what wet bulb temperature measures. <cmsannotation type="cmsannotation" annotationid="Why is wet bulb temperature important?" comment="subhead" text="Why is wet bulb temperature important?">Why is wet bulb temperature important?</cmsannotation> Dry temperature – or the temperature that we see in daily weather forecasts – does not tell you the full story. Wet bulb temperature, especially in times of a heatwave, tells us how habitable a place is for the human body. A wet bulb temperature of 32-degree Celsius is usually the maximum that a human body can endure and carry out normal outdoor activities in. This is equivalent to a dry temperature of 55-degree Celsius. The theoretical maximum wet bulb temperature is 35-degree Celsius – most humans, even with unlimited water supply, are likely to suffer heat strokes at this level, likely leading to death. <cmsannotation type="cmsannotation" annotationid="How to calculate wet bulb temperature?" comment="subhead" text="How to calculate wet bulb temperature?">How to calculate wet bulb temperature?</cmsannotation> Now that you know what wet bulb temperature is, and the maximum limit that you can survive in, you might want to know how to calculate it. This <a href="https://www.omnicalculator.com/physics/wet-bulb">handy calculator</a> helps you calculate the current wet bulb temperature. For this, you will need two details – the current dry temperature and relative humidity in the air, which will be available in weather forecasts. For instance, the dry temperature in Hyderabad at 10:30 a.m. today is 31-degree Celsius with 55% humidity. The current wet bulb temperature is 24-degree Celsius. In Chennai, the current temperature is 34-degree Celsius with 73% humidity, resulting in a wet bulb temperature of 29.8-degree Celsius. Notice the massive difference in the temperatures due to marginally high dry temperature, but a much higher level of humidity. Here’s a quick comparison for some other Indian cities: <table style="border-width: initial; border-style: none;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 1pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">City </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 1pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Dry temperature </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 1pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Humidity </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 1pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Wet bulb temperature </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 1pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Hyderabad </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 1pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">31C </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 1pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">55% </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 1pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">24C </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Chennai </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">34C </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">73% </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">29.8C </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Delhi </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">34C </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">40% </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">23.7C </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Mumbai </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">32C </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">58% </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">25.5C </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Indore </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">34C </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">30% </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">21.4C </td></tr><tr><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">Bengaluru </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">29C </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">54% </td><td style="border-left:solid #000000 0.5pt;border-right:solid #000000 0.5pt;border-bottom:solid #000000 0.5pt;border-top:solid #000000 0.5pt;vertical-align:bottom;padding:0pt 5.75pt 0pt 5.75pt;overflow:hidden;overflow-wrap:break-word;">22.1C </td></tr></tbody><tbody></tbody><tbody></tbody></table> SEE ALSO: <a href="https://www.businessinsider.in/india/news/why-are-there-power-cuts-and-heatwave-in-india/articleshow/91177785.cms">EXPLAINED: Why is there a looming power shortage in India</a> <a href="https://www.businessinsider.in/india/news/indias-peak-power-demand-touches-all-time-high-of-207111-mw-amid-alarming-heatwave/articleshow/91198935.cms">India's peak power demand touches all-time high of 207,111 MW amid alarming heatwave</a> <a href="https://www.businessinsider.in/india/news/delhi-warns-centre-of-power-shortage-in-metro-and-hospitals-due-to-a-looming-coal-crisis/articleshow/91169332.cms">Delhi warns centre a power shortage may hit metro trains and hospitals due to a looming coal crisis</a>

Heatwave in India: What is wet bulb temperature, why is it important and how to measure it

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

<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

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

<ul class="summary-list"><li><keyword id="12109002" type="UNKNOWN" weightage="60" keywordseo="coca-cola" source="Orion">Coca-Cola</keyword> is going to great lengths to transport materials by using bulk <keyword id="11921983" type="UNKNOWN" weightage="60" keywordseo="shipping" source="Orion">shipping</keyword> vessels.</li><li>Bulk shipping vessels are typically used for raw materials like grain and coal.</li><li>The ongoing shipping crisis has caused major <keyword id="11894138" type="UNKNOWN" weightage="60" keywordseo="supply-chain" source="Orion">supply chain</keyword> disruptions, making many goods harder to find and more expensive.</li><li> </li></ul><a href="https://www.businessinsider.com/coca-cola-trucker-labor-shortage-new-york-city-supply-chain-2021-9">Coca-Cola</a> is going to great lengths to transport materials by using bulk shipping vessels amid the ongoing shipping crisis.The carriers, which are normally used for loose goods such as grain, coal, and other raw materials, were chosen because the beverage company could not get the shipping containers and cargo space needed for <keyword id="11894924" type="UNKNOWN" weightage="60" keywordseo="transportation" source="Orion">transportation</keyword>, Alan Smith, the procurement director of global logistics at Coca-Cola wrote in a post on LinkedIn. The company is currently using three of these ships to transport manufacturing materials.Due to <keyword id="11894141" type="UNKNOWN" weightage="60" keywordseo="shortages" source="Orion">shortages</keyword> delaying transportation, and in extreme cases halting it altogether, companies like Coca-Cola have had to get creative with the transportation of goods and materials across the world.Retailers like <a href="https://www.businessinsider.com/costco-charters-3-container-ships-amid-global-shipping-crisis-2021-9">Costco</a> and <a href="https://www.businessinsider.com/target-chartered-cargo-ship-to-sidestep-global-shipping-crisis-2021-9">Target</a> have chartered their own cargo ships, <a href="https://www.businessinsider.com/creative-ways-retailers-sidestep-shipping-delays-port-backup-2021-9">finding creative ways to combat these issues</a>, but <a href="https://www.businessinsider.com/port-director-warns-shipping-industry-is-in-crisis-mode-2021-9">ports are still backed up</a> causing mass delays because of the <a href="https://www.businessinsider.com/shipping-containers-stuck-california-ports-combat-shortages-2021-9">ongoing labor shortage</a> and the increasing number of ships back on the ocean.Coca-Cola is attempting to avoid major ports to further prevent delays, according to comments on Smith's post."For these we are heading to some non-congested ports so we are hoping for a smooth discharge," Smith wrote. "Good coordination is vital on both the planning and the operations side for loading and discharge."Smith did not respond to Insider's request for comment on the vessel before publishing.Some, noticing Smith's post have made note of it on social media, recognizing that this mode of transporting materials is abnormal for a company like Coca-Cola."No container, no problem," one user wrote on Twitter. "No, this isn't normal and it isn't really a great sign either."The ongoing <a href="https://www.businessinsider.com/executives-say-brace-for-shipping-delays-price-hikes-next-year-2021-9">supply chain crisis</a> combined with shipping delays have already <a href="https://www.businessinsider.com/executives-say-brace-for-shipping-delays-price-hikes-next-year-2021-9">created shortages and price hikes</a> across the country. In September, Coca-Cola's New York distributor said it's having a hard time recruiting truckers, further disrupting the supply chain, <a href="https://www.businessinsider.com/coca-cola-trucker-labor-shortage-new-york-city-supply-chain-2021-9">Insider reported. </a>Other goods and products like <a href="https://www.businessinsider.com/book-sellers-struggle-with-supply-chain-disruptions-2021-9">paper</a>, <a href="https://www.businessinsider.com/nike-apparel-shortage-holiday-shopping-supply-chain-issues-2021-9">Nike sneakers</a>, <a href="https://www.businessinsider.com/costco-toilet-paper-shortages-order-delays-supply-chain-delivery-stockpiling-2021-9">toilet paper</a>, <a href="https://www.businessinsider.com/global-chip-shortage-supply-chain-cost-auto-industry-210-billion-2021-9">computer chips</a>, and <a href="https://www.businessinsider.com/popular-toys-shortage-looms-price-increase-holiday-season-2021-9">plastic goods</a> are also in short supply as manufacturers try to meet demand amid the delays.

You Searched For "coal shortage" and got 12 results

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Coal shortage now at alarming levels, say aluminium producers

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