Power crisis looms large as thermal stns starve for coal

Published on Sat, Aug 09, 2008 at 09:17 |  Source : Business Line

Updated at Sat, Aug 09, 2008 at 09:41  

78661 Investors following NTPC. Share this News with them.
0
0
Share on Tumblr

ALSO READ

 

Tougher Imports

To worsen matters, the import option for the country's utilities is increasingly getting tougher as China, which is also facing low domestic reserves and acute power shortage, has stepped up coal purchases internationally. The resultant rise in the global spot prices of coal, which have shot up to over $140 per tonne in Australia and above $125 per tonne in South Africa, is further styming plans by Indian utilities to use imported coal to tide over shortages. According to official sources, NTPC has been unable to make any substantial coal imports in April and May despite the looming shortage situation.

Power utilities in the Northern and the Eastern region have been worst affected by the coal shortages. Besides NTPC stations, the other utilities that have been badly hit include Andhra Pradesh Power Generation Company Ltd (the 1,260 MW Dr N Tata Rao and 840 MW Rayalaseema thermal stations) and DVC's 340 MW Durgapur and West Bengal SEB's 450 MW Bandel station are among those that have run out of coal stocks.

Thermal stations are normally expected to hold coal stocks of between 15 and 30 days, depending on the location of the project. While pithead stations should hold stocks of 15 days or more, stations located away from the mine are expected to hold coal stocks for 21 to 30 days.

Taken from Business Line

thehindubusinessline.in

  

Trending News

Business News

Pre-order Samsung Galaxy S III on Infibeam for Rs.1,000
IT dept freezes Kingfisher Airlines' bank a/c, again "IT dept freezes Kingfisher Airlines' bank a/c, again"

Will quit if Team Anna's charges are proved: PM

CNBC-TV18 Exclusive Views Of Law Min, MEA Already Sought

The latest earning numbers FIRST on CNBC-TV18
Videos

May 29 2012, 20:32

Price rally may not continue in IT space: Bandyopadhyay

- in Stocks Views

May 29 2012, 12:19

Expect Tata Motors Q4 PAT at Rs 4200 cr: StanChart

- in Brokerage Results Estimates

Interviews

May 29 2012, 17:34 | Source: CNBC-TV18

Will raise Rs 250cr via ECB route next year: Hind Copper  

May 29 2012, 15:44 | Source: CNBC-TV18

Improving priority sector lending norms main focus: IDBI  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!