As per an IPCC report released today, allowing 2°C rise in global temperature is much more dangerous than thought when the Paris deal was signed in 2016.
In August 2018, all-India energy requirement increased 6% over August last year to 112.0 billion units and available energy increased 6.2% to 111.4 billion units. Peak demand deficit improved to 0.5% in August 2018 against 2% last August.
The auction offering 17 million tonne (mt) ends next week. Till now, the public sector fuel supplier offered 12.66 mt from its seven coal producing subsidiaries, of which some 11mt has been booked.
This is the highest spot power price since exchange trading began a decade ago.
CIL supplied 232.21 million tonnes to power plants during the period, which was 21.11 million tonnes more coal compared to the previous corresponding period.
Data from the Central Electricity Authority shows total coal consumption by the power sector in August was around 50 million tonnes — one million tonne more than in July this year and at the same level of August 2017.
The goal will be achieved by 2025-26 because of changes in the country’s carbon emission targets, sluggish industrial growth, changing energy mix and environmental challenges.
The average base price for the fuel on offer is around ₹1,343 per tonne while premiums offered by consumers for a variety of coal from South Eastern Coalfields have touched a high of ₹650 per tonne.
The project comprises of design, engineering, manufacturing supply, erection and commissioning, handing over as well as operation and maintenance of a complete conveyor package for 2 X 660 MW power plant for BIFPCL in Bangladesh.
Coal India supplies 30% more coal to Tamil Nadu for meeting demand.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon