Discover and read the best of Twitter Threads about #CoalCrisis

Most recents (3)

India’s #power situation may be “comfortable” in May-Aug, but could be challenging in Sept-Nov if #coal supply is impacted during monsoon, @IEX_India_ CMD Satyanarayan Goel told @rachitaprasad.

Read the full interview in our special series #PowerShock 👇
moneycontrol.com/news/business/…
@IEX_India_ @rachitaprasad @IEX_India_
CMD Satyanarayan Goel said that September is going to be another difficult month.

Read the full interview to find out why 👇
moneycontrol.com/news/business/…

@rachitaprasad ✍️ | #PowerCrisis #Power #CoalCrisis #CoalShortage #Electricity
In May, wind will pick up and we will get almost about 150 million units of extra generation through #windenergy, said Goel in an interview with @rachitaprasad.

Read the full interview in our special series #PowerShock 👇
moneycontrol.com/news/business/…

@IEX_India_ #PowerCrisis #Coal
Read 4 tweets
#CoalCrisis

Reasons for coal shortage is mainly due to 3 reasons.

1. Huge Arrear outstanding against GENCOs
2. Single Window e-auction for non-linked domestic coal
3. Huge price of coal at international market due to Ukraine war
As per official PRAAPTI portal, the undisputed dues outstanding against GENCOS from the DISCOMS as of April 2022 had touched 1.068 lakh crores.

Many DISCOMS arrear is outstanding from 6 months to more than 12 months.

So cash flow to GENCOS throttled
So the GENCOS together owe around Rs.8000 crores to the Coal India Ltd.

Systematic constrains, unstainable subsidies, huge distribution losses & failure of regulatory regime to see DISCOMS run in a sustainable manner is affecting India's energy security.
Read 15 tweets
Imagine if a disaster hits a city/state/country and power supplies is cut 😬

#CoalShortageInIndia #CoalCrisis #cashlesseconomy

If you do not have cash in hand and rely totally on electronic payment, then you are finished 😱🤕

Worth a read Thread...

1/n
The cashless society is difficult to face war and disaster

Japan's Hokkaido strong earthquake triggered a large-scale power outage, and Sapporo City instantly became the dark capital

2/n
During this period, 1.95 million residents rushed to supermarkets and retail stores to buy life supplies

However, some of the victims who usually only use mobile phones have lost their ability to pay and can't buy what they need

3/n
Read 13 tweets

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