InvestorQ : How is the power situation shaping up in India and could we see blackouts as is being feared now?
diksha shah made post

How is the power situation shaping up in India and could we see blackouts as is being feared now?

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Ria Jain answered.
1 month ago
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It finally looks like the coal shortage situation may not get as bad as the power demand has automatically come down. In the midst of the coal and power crisis, power consumption has dipped by 72 MU to 3,828 MU. That is a 2% fall in consumption and could address the shortage to a substantial extent. It will also lessen the intensity of the coal crisis.

Currently, power plants are grappling with short supply of coal despite India producing record coal last year. The movement of fuel from mines to power plants was hit by rains. On Saturday, while 1.92 million tonnes of coal was consigned consumption was at 1.87 million tonnes, helping the power plants to gradually build reserves. The coal crisis was created by a surge in power demand as well as a series of sudden supply chain bottlenecks.

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