Friday, August 29, 2008

Coal Crisis could prove to be good news!

While the whole world was obsessed with crude oil prices and other commodity prices, a silent crisis is brewing on the coal front with far-reaching consequences for the power sector and, ultimately, the Indian economy.
http://economictimes.indiatimes.com/Opinion/Guest_Writer/Rationalising_coal_prices/articleshow/3382080.cms
http://www.businessworld.in/index.php/Interviews/Coal.html

Did you know that our state electricity boards have been paying around Rs.7000-7500 per ton!?! If this price looks truly shocking please read the news about the Karnataka state energy secretary issuing statement on coal shortage. He has stated that the govt is importing coal from Indonesia at Rs.7899 per ton! (Check the news report in Deccan Chronicle | 7 August 2008)

It is not just Karnataka but many other states are coal deficient. even NTPC has stated about the shortage in its coal reserves. now i am wondering whether these high prices bring back the spotlight on Energy Conservation?

We see that the common man, the corporate world and the govt is quite apathetic about power saving since they all enjoy subsidised power supply. Lets hope that the present coal crisis can cure this ignorance illness soon and help in building awareness on EC.

1 comment:

Anoopa Anand said...

Lively Lawry. Thank you for dropping by my blog. I didn't understand the underlying reasons for your general wrath against me and my writing, but I'm sure you have your reasons. Please feel free not to return to my writing. Anyone who feels such contempt for what I have to say, should do themselves a favour and move on to happier things.
Cheers,
Anoopa