Coal Supply Will Be Hampered Further From Ukraine Conflict, Says ICPPA
NDTV
The Russia-Ukraine military conflict will hamper coal supply further and hurt power plants and industries, said ICPPA.
The Russia-Ukraine military conflict, which has increased energy prices globally, will reduce the propensity to import coal by power plants and will further hamper the supply of fuel to captive power plants and industries like steel, aluminium from state-owned Coal India, said the Indian Captive Power Producers Association (ICPPA) on Friday.
According to the ICPPA, amid rising energy prices globally, electricity producers will pressure the government for domestic coal to fulfil their demand, which will adversely affect fuel supply to the non-power sector.
"This (Russia-Ukraine) crisis has increased energy prices globally, and that reduces the propensity to import coal and coke. And it will further complicate the matter, and it is going to hamper supplies to both Captive Power Plants and industries from Coal India," ICPPA Secretary General Rajiv Agarwal told Press Trust of India.
Industries like aluminium, cement, steel, sponge-iron, paper, fertiliser, chemical, rayon and their captive power plants (CPPs) are primarily dependent on domestic coal.
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