scorecardresearchIndia Energy Crises: Feeling powerless, yet again

India Energy Crises: Feeling powerless, yet again

Updated: 20 May 2022, 01:06 PM IST
TL;DR.
  • As supply could not keep pace, it led to a six-year high deficit. As a result, not for the first time though, did we see spot power prices jump sharply.
Given that Russian coal is of a higher grade, the demand can shift to the USA, Australia, Colombia, and South Africa. However, the choice is not so simple. Photo: Pixabay

Given that Russian coal is of a higher grade, the demand can shift to the USA, Australia, Colombia, and South Africa. However, the choice is not so simple. Photo: Pixabay