Tamil Nadu is confronting a power crisis, its first in six years, as the peak summer approaches – the result of poor planning and delays in sourcing of #coal by the state’s #electricity utility.

Read more 👇
https://www.moneycontrol.com/news/business/poor-planning-delayed-coal-imports-stoke-a-power-crisis-in-tamil-nadu-8413881.html?utm_source=telegram&utm_medium=social

Moneycontrol will be bringing to you a special series of stories that will attempt to capture the ground reality of the power shortage across the States. 💡 🔌

Stay Tuned For #PowerShock! ⚡️

#PowerCrisis #Power #PowerShortage #Electricity

The resolution of #payment issues among stakeholders in India’s #PowerSector may hold the key to meeting #electricity demand amid rising temperatures, economic growth & low #CoalStocks.

Rachita Prasad writes. Here are the details👇
https://www.moneycontrol.com/news/business/companies/its-not-a-power-crisis-or-a-coal-crisis-its-a-payment-crisis-8419141.html?utm_source=telegram&utm_medium=social

#Power generators are owed over Rs 1.1 lakh cr by power discoms yet they continue to sell #electricity to them. 💡

Rachita Prasad brings us important details. Read about the payment crisis faced by the power sector only on #PowerShock⚡️
https://www.moneycontrol.com/news/business/companies/its-not-a-power-crisis-or-a-coal-crisis-its-a-payment-crisis-8419141.html?utm_source=telegram&utm_medium=social

#PowerShock: The resolution of payment issues among various stakeholders in India’s #PowerSector may hold the key to meeting #electricity demand amid rising temperatures, economic growth and critically low #coal stocks.

Read more 👇
https://www.moneycontrol.com/news/business/companies/its-not-a-power-crisis-or-a-coal-crisis-its-a-payment-crisis-8419141.html?utm_source=telegram&utm_medium=social

The Indian Energy Exchange, reported a YoY decline of 1.7% in #electricity volume traded on the exchange at 7.57 BU in April, even as #power demand in the country rose to record highs amid rising #temperature.

Read the details 👇
https://www.moneycontrol.com/news/business/economy/power-traded-on-iex-declined-1-7-in-april-even-as-india-hit-all-time-high-demand-8459881.html?utm_source=telegram&utm_medium=social

Energy inflation has gripped much of the world today, including India. While the country faces a looming #powercrisis, should consumers be worried about a rise in their #electricity bills?

Watch out for moneycontrol.com’s 5th story from the #PowerShock series.

Indians may be sweating more than usual this summer, and then there is the looming #powercrisis. We need #electricity, and that too, non-stop.

Will your electricity bill go up? And are we ready to pay more? 🤔

In this 5th story of our #PowerShock, we analyse and break down for you trends to watch out for over the immediate to medium-term that may have a bearing on your #electricity bills.
https://www.moneycontrol.com/news/power/powershock-your-electricity-bills-could-burn-a-hole-in-your-pocket-8514461.html

Shares of utilities & power producers declined today after the govt said it is working on a plan for state run #electricity distributors to pay dues via monthly instalments across four years.

Read at 👇
https://www.moneycontrol.com/news/business/earnings/utilities-and-power-producers-fall-as-government-considers-giving-state-discoms-four-years-to-clear-dues-8581621.html?utm_source=telegram&utm_medium=social

Once bitten, twice shy. Yet, Indian banks are again gearing up to support the troubled power sector again.

Piyush Shukla writes for the #PowerShock series. ⚡️

Coming up today. #StayTuned! 🔥

#Power #PowerCrisis #Electricity #CoalCrisis #Banks

February saw record-breaking temperatures in some cities in India 🌡️

So while temperatures are expected to rise, how much more are you likely to have to shell out to pay for electricity in the coming months?

📹 Watch 👇
https://youtube.com/watch?v=xuNUOUb8tEw