MARKETS

Indian power stations facing thermal coal shortage

THIRTY coal-fired power stations in India reportedly have less than seven days of thermal coal st...

Blair Price
Indian power stations facing thermal coal shortage

Referencing Central Electricity Authority data, the Press Trust of India reported that one of the 30 plants was the National Thermal Power Corporation’s 1.84-megawatt Kahalgaon power station in Bihar.

A senior power official told the news service NTPC was trying to see how it could meet the coal shortage and was exploring its options.

Back in February Credit Suisse forecast India’s coal imports to rise by 9% this year.

Australian Bureau of Agricultural and Resource Economics analysts have also forecast India’s thermal coal imports to ramp up to 80 million tonnes in 2014 compared to an estimated 34Mt last year, on the back of government plans to build nine 4000MW power stations.

In March, Felix Resources managing director Brian Flannery told Bloomberg the company was looking into acquiring coal assets in India and Indonesia, and had been talking to large Indian groups associated with plans to build new power stations.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production