Govt cancels some passenger trains to make way for coal amid power crisis

[ad_1]

Table of Contents


India has canceled some passenger trains to allow for faster movement of coal carriages as the nation scrambles to replenish depleting inventories at power plants in a bid to avoid a full-blown .


A scorching summer is driving demand for coal, which helps generate about 70% of the country’s electricity. Several parts of India are facing long hours of blackouts, while some industries are cutting output due to the fossil fuel’s shortage, threatening the economy’s revival from the pandemic-induced slump. The risk of a further spike in inflation is rising at a time when the government is struggling to rein in high energy prices fueled by Russia’s invasion of Ukraine.





The measure is temporary and passenger services will be restored as soon as the situation normalizes, said Gaurav Krishna Bansal, an executive director at Indian Railways, one of Asia’s largest networks. The state-run operator is trying to minimize the time it takes to move coal to power plants, he said by phone.


Indian Railways is often blamed for disruptions in coal supplies as the lack of carriages makes it difficult to carry the fuel over long distances. Congested routes, where passenger and goods trains jostle for passage, sometimes delay shipments. Still, the carrier stays a preferred choice to transport coal, especially for users located far away from mines.


The railways plans to add 100,000 more wagons to its fleet to meet the growing demand. It is also constructing dedicated freight corridors to deliver goods faster.


Coal reserves at India’s power plants have declined almost 17% since the start of this month and are barely a third of the required levels. The supply crunch comes just months after a crippling last autumn saw coal stockpiles plunge to an average four days, triggering blackouts in several states.


Electricity demand has jumped as temperatures have soared in many parts of India, prompting the weather department to issue heat-wave warnings. The country’s average temperature reached almost 92 degrees Fahrenheit (33 degrees Celsius) in March, the highest on record for the month since authorities started collecting the data in 1901.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor



[ad_2]

Source link