Indian Power Shortage is Achilles Heel of the Ferroalloy Industry. Power Shortages are due to lower generation, Non - Availability of Thermal Coal results in further shortage. The Electric Transmission Grid is Collapsing and rising prices of fossile fuels leads to inevitable rise in power cost : will ferroalloy industry remain profitable ?
Nuclear Power in India remains Controversial.
India to see 6.7% shortage this fiscal
•In 2012-13, the energy shortfall touched 8.7 per cent while peak shortage reached 9 per cent.
•Overall, energy shortfall is expected to be 70,232 million units, resulting in a deficit of 6.7 per cent this fiscal.
•The requirement would be 10,48,533 million units whereas the availability is pegged at 9,78,301 million units.
•Transmission constraints between Northern-North Eastern-Eastern-Western - Southern Regional Grid restricts flow of power.
•The strains on India’s electricity network brutally exposed last summer when the grid collapsed for the best part of two days across north India - the world’s biggest power cut.
Thermal Coal supply by Coal India severely restricted – mines not expanded in time to take care of explosion in demand from the power sector.
•Overpricing of coal & poor coal quality of coal supplied by Coal India
•Mine stoppages due to flooding etc lead to severe seasonal shortages.
•Imported coal from Indonesia – rising coat and decreased availability. Restrictions on foreign ownership of coal mines & export of thermal coal – how long will the party last?
•60% of power generated in India comes from burning coal. Isn’t over dependence on thermal coal for power a dangerous situation?
•Many delayed projects due to lack of coal ….
Despite abundant reserves of coal, India faces a severe shortage of coal - India isn't producing enough to feed its power plants.
•Coal India, is constrained by primitive mining techniques and is rife with theft and corruption; Coal India has consistently missed production targets and growth targets.
•Poor coal transport infrastructure has worsened these problems.
•Most of India's coal lies under protected forests or designated tribal lands. Any mining activity or land acquisition for infrastructure in these coal-rich areas of India, has been rife with political demonstrations, social activism and public interest litigation.
Presentation ends with Ways out of the Crisis.