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Patel Coal crisis in India imperils energy-heavy commodity industry New Delhi, economy, which has been cording to Jayanta Roy, se- power plants at aluminum An escalating power cri- recovering from an unprec- nior vice president at ICRA factories are being forced to sis in India, triggered by edented 7.3% contraction in Ltd. reduce generation and face dwindling reserves of coal the fiscal year ended in 14 power plants shut in UP, Delhi Aluminum makers are a “huge risk" of shutdowns, that helps generate about March. among other major coal us- it said. 70% of the nation’s electric- Here is a list of key com- ers that may be forced to A power cut of more ity, threatens operations of modity sectors that could choose between shutting than two hours can cause commodity-related busi- be vulnerable due to the on the brink of power outage down operations or running the molten metal in the pot- nesses ranging from oil re- energy crisis: Still, the refineries may Power Ltd. There has been their plants at much higher line to become solid, forcing fineries to aluminum smelt- There is a risk from not be the first to suffer from no impact on production costs, using imported or the smelting unit to shut ing to meat processing. power rationing, if the situ- lack of grid power. Some in- yet as the units have ad- auctioned domestic coal. down for at least six months, Coal inventories at ation worsens further, espe- dependent downstream in- equate supplies and are un- For aluminum, electricity according to the Aluminium power plants plummeted to cially at a time when oil re- dustries such as plastics, fi- likely to curtail output, he accounts for almost 40% of Association of India. an average four days this finers are focusing on pro- bers and synthetic rubber said. the production cost. The most vulnerable week, down from 13 days at ducing enough gasoline could see some rationing in The smaller mills, which The acute coal crunch sectors are those that re- the start of August, official and gasoil to meet improv- the event of an electricity account for over half of has created a “precarious quire refrigeration, such as data show. More than half of ing demand in India and shortage. Although they are India’s steelmaking capacity, situation" for aluminum pro- poultry, meat and dairy. With the plants are already on across the world. seen as non-critical indus- use electricity supplied by ducers as stockpiles of the grid electricity supplies be- alert for outages, with the The mega refineries also tries, there could be a ripple energy producers for their fuel have plummeted to ing unpredictable, most of government warning that operate their own captive effect on packaging materi- smelting operations and critical levels, the Federation the units keep diesel power the country could be facing power plants as they can’t als to vehicle tires. long outages could mean of Indian Mineral Industries generators as a back-up. A a supply squeeze for as long afford sudden shutdowns. The manufacturing production cuts and lower said. While aluminum out- serious power crunch could as six months. As most of the units are fired units are usually small and operate industrial machin- steel producers have their supplies to customers. put hasn’t been affected so inflate their costs and hit Power demand is ex- by gas, higher use may don’t have their own power ery, are near record levels own power plants, they are “Integrated secondary far, there may be production profits. pected to shoot up on some boost imports of LNG, prices units. To avoid any shut- and a runaway increase in its paying more than four times steel mills or standalone cuts by the end of the Another sector that days as India enters a festi- of which have also surged. downs, they could use die- use could boost prices fur- the normal cost for procur- sponge iron producers may month if coal supplies don’t could be impacted is brick val season from mid-Octo- Such a situation could add sel generators. However, ther, having a sweeping im- ing coal in auctions, accord- have to face production cuts recover, it said. kiln makers, who mostly use ber. The crisis also poses to their costs as domestic prices of the fuel, which is pact on the economy. ing to V.R. Sharma, manag- as they rely on non-coking With enough stockpiles solid fuels such as coal and risks to Asia’s third-biggest supplies are scarce. also used to run trucks and Although many primary ing director of Jindal Steel & coal to run operations," ac- for only one to two days, biomass. News PM Modi is an inspiration for rest of the world, Woman gangraped by 8 in says Danish PM on her three-day India visit New Delhi, can go hand in hand," she summit. This is a sign of far- the Council of Scientific & moving train, 4 arrested Brief Danish Prime Minister added. reaching thinking and re- Industrial Research- Na- The Danish Prime Minis- spect for the environment in tional Geophysical Research New Delhi, train forcefully and started Igatpuri (Aurangabad Rail- Mette Frederiksen on Satur- looting the passengers. The way district) in sleeper day said Prime Minister ter made these remarks af- both our countries," said PM Institute, Hyderabad, Aarhus Four persons were ar- Covid, Afghanistan ter the two countries ex- Modi. University, Denmark and rested for allegedly raping a eight accused were alleg- bogie D-2 and started com- Narendra Modi, who has set edly carrying knives with mitting the crime through are NATO an ambitious climate target changed four agreements. "During our virtual sum- Geological Survey of Den- woman in Mumbai-bound PM Modi said that the mit, we had decided to es- mark and Greenland on Pushpak Express, said the them and looted over 20 the Ghat area during the Parliamentary for renewable energy, is an passengers. At least five of night." inspirational figure for the Green Strategic Partnership tablish a Green Strategic mapping of groundwater police on Saturday (October between India and Den- Partnership between our resources and aquifers. 9, 2021). The police also said the passengers sustained "The victim is twenty K Assembly's top rest of the world. minor injuries in the process years old and she has been Y "You (PM Modi) are an mark is a symbol of the far- two countries. Today, we re- The second agreement that a search is underway M agenda for four other accused. as well. After this, the eight taken for medical examina- C inspiration for the rest of the reaching thinking in both viewed and reiterated our was signed on the Tradi- Lisbon, nations. commitment on this," he tional Knowledge Digital Li- The hideous crime took accused attacked a woman tion by our lady officer. She world as you have set some in her twenties and forced is fine. We are collecting all The Covid-19 pandemic very ambitious targets brary Access Agreement be- place inside Lucknow- and the situation in Afghani- tween the Council of Scien- Mumbai bound Pushpak her for oral penetration. Ac- evidences. The accused are when it comes to clean wa- cording to the Government being questioned by our stan are the top the agenda ter for over one million tific & Industrial Research Express when it left the of the 67th annual session and the Danish Patent and Igatpuri station, which is Railway Police (GRP), the ac- team. We are checking their households and renewable cused raped the woman for previous records," he said in of the Parliamentary Assem- energy...I`m proud that you Trademark Office. said to be a technical halt bly of the NATO alliance, The third MoU was station. over half an hour, till the another tweet. GRP arrested have accepted my invitation time the train reached two of the accused at Kasara which is hosted by Portugal. to visit Denmark," said the signed between the Indian Quaiser Khalid, Mumbai The event, from October Institute of Science, GRP's Police Commissioner, Kasara station, where the and the other two were ar- Danish PM after holding a passengers raised an alarm. rested later in the night. The 8 to 11, is being attended by bilateral meeting with PM Bengaluru and Danfoss In- said the alleged crime was Portuguese government of- dustries Private Limited to committed when the ex- Giving information officials also revealed that Modi. about the incident and the they are investigating the ficials, NATO representatives, PM Modi's target of 450 establish a Centre of Excel- press train was traversing defence experts, legislators lence towards natural refrig- the ghat section. action taken by the police, background of the accused gigawatts by 2030 of renew- Khalid said in a tweet, "The to figure out if the group from the 30 NATO member able energy is regarded as a erants for tropical climates Reports suggest that states and representatives with potential applications.