New Delhi chief minister warns of power crisis as coal stocks decline

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NEW DELHI, Oct 9 (Businesshala) – New Delhi’s chief minister on Saturday warned of a power crisis in the Indian capital of 20 million people due to a coal shortage, which has already triggered power cuts in some eastern and northern states. .

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Arvind Kejriwal said he had urged Prime Minister Narendra Modi’s federal government to allocate more coal and gas to the power plants supplying the capital, as in the first week many of them had enough coal to last a day. There was stock.

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“Delhi may face power crisis,” Kejriwal said in a tweet. “I am personally monitoring the situation closely.”

Electricity generation fuel prices are rising globally as demand for electricity is fueled by industrial development, which has reduced the supply of coal and liquefied natural gas.

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In India, more than half of the 135 coal-fired power plants that supply nearly 70% of the country’s electricity have fuel stocks lasting less than three days, Businesshala reported on Friday.

In a letter to Modi shared on social media, Kejriwal said the coal shortage has continued for three consecutive months, adding to the pressure on gas-fired power stations, which do not even have enough fuel.

However, the federal government has assured the public that there is ample electricity available in the country.

Industrial electricity demand has surged in India following a second wave of the coronavirus pandemic, driving coal consumption into the world’s second-largest commodity consumer.

A wide price gap between low domestic prices and record global prices has made coal imports unattractive, leaving Indian utilities scrambling to secure supplies as inventories have hit critically low levels.

Reporting by Devjyot Ghoshal Editing by Clelia Oziel

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