Aluminum makers in India desperate for coal as power supply gets erratic

India’s aluminum makers are calling on state-run Coal India Ltd. to restore supplies of the fuel, after the producer cut back shipments to prioritize deliveries to power plants amid surging electricity demand. The producers, typically among the largest industrial electricity consumers, face severe disruption if smelters experience outages and have few alternatives to domestic coal, […]

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Coal India subsidiary, Northern Coalfields Ltd. dispatches highest ever coal of 3.87 lakh tonnes in a single day

Coal India-led subsidiary, Northern Coalfields Limited (NCL) has dispatched the highest ever coal in a single day last week on 27 August, 2021. NCL’s offtake grew to a whopping 3.87 lakh tonnes. As per the Coal Ministry data, NCL has also sent the highest ever, 38 Coal Rakes of Indian Railway to upcountry coal consumers […]

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India’s oil products demand to grow by an average of around 250,000 barrels per day every year over the next decade: S&P Global Platts

S&P Global Platts Analytics expects India’s oil products demand to grow by an average of around 250,000 barrels per day (bpd) every year over the next decade, supported by population growth and a steady rise in disposable personal incomes. The International Energy Agency recently said that India could witness the biggest increase in energy demand […]

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Losses of India’s power distribution firms seen rising 40% on limited tariff hike, high interest outgo – CRISIL

Cash losses of India’s power distribution companies (discoms) will remain elevated at around Rs 46,000 crore this fiscal, or 40% higher than the Rs 33,000 crore seen in the pre-pandemic levels of fiscal 2020, ratings agency CRISIL said in a report. This is because revenues will remain constrained as demand from high-paying, commercial and industrial […]

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