Sunday, December 5, 2021

ਵਾਹਿਗੁਰੂ

spot_img
yes punjab punjabi redirection

Lokan Da Channi

Channi 8

Bijli Bill

36000

Sada CM

Hunarmand

Mera Ghar

Kisan Karza

ECI Voter Form

ECI Voter Helpline

ECI Voter

Markfed Sept to Nov

Innokids Green

Prioritise aluminium industry for immediate coal supply to avert collateral damage

- Advertisement -

New Delhi, Oct 15, 2021- Coal India should immediately resume continuous coal supply to the aluminium Industry to prevent closure, industry bodies demanded.

Aluminium Association of India said aluminium Industry has not received any relief with respect to the ongoing coal supply crisis.

In the spirit of Atmanirbhar Bharat and commitments of domestic coal availability, the Aluminium Industry has planned their operation, any import coal arrival will take 90-120 days of cycle period from purchase to consumption, therefore sudden decision by Ministry of Coal / Coal India to stop the domestic coal supply to the Aluminium Industry has resulted in complete chaos.

Indian Aluminium plants are grappling with critically low levels of coal stock, with no recourse or alternative means to meet their power needs and keep the plants operational. If coal supply is not restored immediately, it would lead to irrevocable collateral damage of these national assets.

Any power outage in Aluminium plant will lead to catastrophic impact and complete shutdown which will take minimum 12 months of recovery, resulting in job loss of more than 8 lakh people, Banks will have debt exposure of over Rs 1 lakh crore and additional National forex loss of Rs 90,000 crore ($ 12 Billion)

*Aluminium Industry with total investments of Rs 1.4 lakh crore ($ 20 Billion) have a capacity of 4.1 MTPA (2nd Largest in the World) which creates livelihood for over 8 lakh people and 4,000 SMEs.

Aluminium production is a 24*7, 365 days continuous process industry there is no provision to switch off and switch on. It is highly power intensive industry, just to illustrate 1 ton of Aluminium requires 14,500 Units of Continuous Power, which is 15 times in comparison to Steel (1000 units per ton) and 145 times as that for Cement (100 units per ton).

To meet stringent and continuous power demand Aluminium Industry has set up their inhouse Captive Power Plant CPPs of 9,400 MW (9.4 GW i.e. 34 per cent of Thermal CPP capacity of the country) with an investment of Rs 50,000 crore.

* Uninterrupted Power requirement of 9.4 GW (9,400 MW) of Aluminium industry is 6 per cent of the total country’s demand (145 GW) and 123 per cent of total energy traded at the Indian Energy Exchange (~ 7.6 GW in 2021). Therefore, technically it is not feasible to get this massive power from the power Grid.

Therefore, Aluminium Industry cannot import Power and can only meet their power requirement through CPPs for which Aluminium Industry requires 1.5 lakh ton of domestic coal daily ( 55 million ton every year).

* To meet the extensive Coal demand, Aluminium Industry has set up plants in the vicinity of Coal bearing areas, with Power plants designed to operate on domestic coal. (Agency)

Subscribe to YesPunjab Telegram Channel & receive important news updates

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -spot_img

Stay Connected

20,369FansLike
113,083FollowersFollow

ENTERTAINMENT

National

GLOBAL

OPINION

India China Flag

India and China in the emerging geopolitics – by DC Pathak

Advent of Biden Presidency with its resonating calls of 'America is back', 'we will repair our alliances' and 'will engage with the world once...
China Flag

Globally active China – by Asad Mirza

The aggressive and planned manner in which Chinese companies have forayed globally, poses a risk not just to the economic interests but also the...
Taliban Fighters

The ‘Good’, the ‘Bad’ and the ‘Deobandi’ Taliban – by Asad Mirza

While an effort to classify the Taliban into good and bad is rather easy, the underlying reasons to classify them as Deobandi becomes a...

SPORTS

Health & Fitness

Heart Disease

Elevated heart rate may up dementia risk among older

London, Dec 4, 2021- Having an elevated resting heart rate in old age may be an independent risk factor of dementia, a new study suggests. The study, published in the journal Alzheimer's & Dementia, showed that individuals with a resting heart rate of 80 beats per minute or higher on average had a 55 per cent higher risk of dementia...

Gadgets & Tech