Payment Dues Revolve Around Power Supply Crisis Amid High Demand

Many states throughout the nation are dealing with energy cuts with some resorting to blackouts for as much as 12 hours through the hotter-than-normal summers, attributable to low coal availability and excessive demand. The energy provide disaster can also be being attributed to the non-payment of dues to Coal India Ltd (CIL). Recently, Power Minister RK Singh mentioned energy outages have been primarily occurring as a result of states had not cleared their dues to CIL.

Power technology corporations (gencos) owe about Rs 12,300 crore to state-owned CIL, whereas gencos are owed over Rs 1.1 lakh crore by energy distribution corporations (discoms). but, CIL continues to provide coal to gencos and gencos proceed to provide electrical energy to prospects. However, business officers mentioned the non-payment of dues by discoms has affected energy technology corporations.

Gencos throughout the nation have reported low coal inventory at energy stations. The predominant causes have been the low provide from Coal India and its subsidiaries and the dearth of wagons obtainable with the railways to hold coal from pitheads to energy crops.

However, many crops have been being supplied coal on fee. CIL raised provides to Maharashtra, which owes the corporate Rs 2,000 crore, by about 30 per cent, as per studies.

ICRA Senior Vice-President and Co-Group Head (Corporate Rating) Girishkumar Kadam mentioned, “There has been a moderation in coal supply towards certain gencos because of the overdues or delays in the payments. As a result, discoms/state governments will either have to absorb the cost burden with increased imported coal-based generation and pass on the same through tariff hikes or they could be constrained to offtake power, resulting in load shedding, which has been visible in a few states recently.”

The Power Blackouts Across India

In Delhi, the power demand crossed the 6,000-megawatt-per-day mark for the first time in April as the city government raised alarms over the shortage of coal. The Delhi government on April 28 said its coal supplies were depleting with Dadri-II having a day’s coal stock left; Unchahar two days; Kahalgaon three-and-a-half days, Farakka five days, and Jhajjar around seven or eight days.

Uttar Pradesh has a deficit of 3,000 MW against the demand of around 23,000 MW. The supply is just 20,000 MW, resulting in long power cuts in the rural areas, according to reports.

Uttarakhand also faced long power cuts. Uttarakhand Power Corporation Ltd MD Anil Kumar has said it is due to a rise in demand and the closure of a gas-driven power plant in Kashipur in Udham Singh Nagar district for the electricity shortage.

For Andhra Pradesh, news agency PTI has reported that the state is facing a shortfall of about 50 million units of power as against the demand of 210 million units a day. According to the state Energy Secretary B Sridhar, the current crisis, which was a nationwide phenomenon, might ease by this week.

However, Odisha Chief Secretary SC Mohapatra said there is no coal crisis in the state like other states where the power supply is being snapped for 10-12 hours a day due to the coal shortage. “I have instructed the CMD of MCL (Mahanadi Coalfields Ltd) to ensure proper supply of coal to power plants in Odisha,” he mentioned, in keeping with PTI.

The nation’s peak power demand met or the highest supply in a day touched an all-time high of 207.11 gigawatts (GW) on Friday. “The maximum all-India demand met (peak supply) touched 2,07,111 MW at 1450 hrs today, an all-time high so far,” the Ministry of Power said. The peak power demand had touched a record level of 204.65 GW on The peak power shortage on Thursday was 10.77 GW.

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