Wednesday 11 May 2022

Power crisis: Railways missed coal train provision targets for over a year

 In April, state-run Indian Railways supplied 261 trains per day to Coal India for the power industry, the lowest in three months

NEW DELHI (Reuters) -Indian Railways supply of trains to Coal India for transporting coal has fallen short of its monthly targets for more than a year, government data showed, highlighting the problems behind India’s worst power crisis in over six years. Indian utilities are scrambling to get hold of coal supplies to cope with record high power demand, but Indian Railways’ inability to supply enough trains makes it difficult to boost coal stocks, which are at their lowest levels in years.

Inventories at Indian power plants fell 13% in April despite a 27.6% growth in Coal India’s production, as a heatwave sent power demand soaring to a record high. In April, state-run Indian Railways supplied 261 trains per day to Coal India for the power industry, the lowest in three months. Indian Railways said at the end of April that it would cancel passenger trains to free up tracks and help to transport more coal to power plants…

No comments:

14th BRICS summit to review current global issues, reach key agreements

  At the   14th BRICS summit   which is to be hosted by China in a virtual mode on 23-24 June, the member nations will review the current gl...