Power shortage continues to trouble India

June 2, 2012

power_shortage

New Delhi, June 2: It's summers in most parts of India and demand for power is at a peak of 2,17,000 megawatt (MW). But the power generation is much less at 1,99,877 MW and poor transmission and distribution is making it worse.

Many cities like Delhi, Bangalore, Chennai are facing long power cuts and 40 per cent of the country does not get electricity at all. About 6 lakh villages do not have any network to receive electricity. CNN-IBN has learned that 30 power stations have just about a week's coal left to fuel the power plants.

Coal India which supplies coal to 80 per cent of India's power plants has a shortage of 142 million tonnes because of lack of environmental clearances and land acquisition problems. But coal shortage is not the only reason for the summer sweat.

"It is not remarkable. It does not have much significance. Only about 1-1.5 per cent generation is impacted due to coal shortage. We are planning for huge capacity addition in future. AT&C losses (aggregate technical and commercial losses) are there. Lack of transmission lines. Southern India is not connected to rest of the national grids," says MoS Power KC Venugopal.

Glitches in the electricity supply chain have made problems worse. Coal supply is not only short but expensive also for these power plants, the equipments at some power plants are old and faulty, transmission systems are too old to take the required load and distribution bottlenecks are equally stifling. This requires huge network of cables, conductors and transformers. Change in power tariffs is the need of this hour, power utilities are not putting more money in infrastructure development.

"The main problem for the shortage is there is a lag in the distribution infrastructure development. The distribution infrastructure in the whole country has not kept pace with a development on the generation side. Even if you may have electricity available from the generators but the power does not reach the end consumer because the infrastructure for distributing that power is not given," says CEO BSES Yamuna Power Ltd Ramesh Narayanan.

The PMO's recent intervention pushing coal companies to sign supply agreements have shown no significance. In fact, the government is piling on problems by overlooking the worsening financial health of power distribution companies which are a vital part of power supply chain. It's high time the government works on all levels of power generation to save the nation from a complete blackout soon.

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Agencies
May 17,2020

New Delhi, May 17: Following the COVID-19-induced economic disruptions, up to 135 million jobs could be lost and 120 million people might be pushed back into poverty in India, all of which will have a hit on consumer income, spending and savings, says a report.

According to a new report by international management consulting firm Arthur D Little, the worst of COVID-19's impact will be felt by India's most vulnerable in terms of job loss, poverty increase and reduced per-capita income, which in turn will result in a steep decline in the Gross Domestic Product (GDP).

"Given the continued rise of COVID-19 cases, we believe that a W-shaped recovery is the most likely scenario for India. This implies a GDP contraction of 10.8 per cent in FY 2020-21 and GDP growth of 0.8 per cent in FY 2021-22," the report said.

India's COVID-19 tally has crossed 90,000 and the nationwide death toll has touched nearly 2,800 so far.

The report titled "India: Surmounting the economic challenges posed by COVID-19: A 10-point programme to revive and power India's post-COVID economy" said the 'collateral damage' of the forecasted GDP slowdown, will be felt most acutely in employment, poverty alleviation, per-capita income and overall nominal GDP.

"Unemployment may rise to 35 per cent from 7.6 per cent resulting in 136 million jobs lost and a total of 174 million unemployed. Poverty alleviation will receive a set-back, significantly changing the fortunes of many, putting 120 million people into poverty and 40 million into abject poverty," the report said.

"India is headed towards a W-shaped economic recovery with a potential GDP contraction of 10.8 per cent in FY21. An opportunity loss of USD 1 trillion is staring India in its face," said Barnik Chitran Maitra, lead author of the report and Managing Partner & CEO of Arthur D Little, India and South Asia.

Maitra further said "for its USD 5 trillion vision, a radical economic approach is needed, centred on an immediate stimulus and structural reforms. The Prime Minister's visionary 'Atma Nirbhar Bharat Abhiyan' is a good start to this new approach."

The report lauded the steps taken by the government and the Reserve Bank of India, but said a far more assertive approach may be required given the magnitude of the adverse economic output.

The report suggested a 10-point programme to accelerate the recovery which include strengthening the 'safety net' significantly for the most vulnerable, enable survival of small and medium businesses, restarting the rural economy and providing targeted assistance to at-risk sectors.

It further said the government should launch "Make in India 2.0" to capture global opportunities, build 'Modern India', accelerate Digital India and Innovation, strengthen global investment corridors with the US, UAE, Saudi Arabia, Japan and the UK, debottleneck land and labour and transform banking and financial markets in a bid to secure a sustainable economic future for 1.3 billion Indians. 

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News Network
January 28,2020

Mumbai, Jan 28: Flag carrier Air India has kept one of its 423-seater jumbo planes ready in Mumbai for the evacuation of Indian citizens from Wuhan in China in the wake of the coronavirus outbreak in that country, an official source said on Tuesday.

The airline is awaiting necessary approvals from the ministries of external affairs and health to operate the special flight, the source said. The health ministry's nod is required because the operating crew has to fly in a virus outbreak territory.

"We have kept a Boeing 747-400 ready in Mumbai to operate an evacuation flight to China whenever we get a go ahead from the government," the source said.

Some 250 Indians are to be evacuated.

At a meeting of top secretaries called by the cabinet secretary on Monday, the government decided to be prepared for possible evacuation of Indian nationals in Wuhan.

Accordingly, Ministry of External Affairs will make a request to the Chinese authorities for evacuation of Indian nationals, mostly students, stuck in Wuhan city. The Ministry of Civil Aviation and Ministry of Health will make arrangements for transport and quarantine facilities respectively, an official release said on Monday.

Wuhan along 12 other cities have been completely sealed by the Chinese authorities to stop the virus from spreading. The death toll climbed to 80 with 2,744 confirmed cases.

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News Network
January 14,2020

New Delhi, Jan 14: One of the four Nirbhaya gang rape convicts, who are scheduled to be hanged on January 22, moved a mercy plea before President Ram Nath Kovind to set aside the death sentence issued against him.

He also moved the Delhi High Court to set aside the death warrant issued by a trial court. This hearing is scheduled for Wednesday before a bench of Justices Manmohan and Sangita Dhingra Sehgal.

The petition, filed through advocate Vrinda Grover, seeks setting aside of the January 7 order issuing the warrant of his execution.

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