New Delhi: Aluminum producer on Wednesday sent SOS to PMO (office of the Prime Minister) to resume the supply of coal, said the shortcomings had pushed the industry to the edge of the abyss that could have a negative impact on 5,000 MSMEs (medium and small scale companies) in the downstream sector When they came out of Pang Pandemi and crashed more than 10 lakh jobs.
Coal stocks in the aluminum factory turned out to be important after the government in August splitting two supplies from Indian coal and further combining it to only 10% because the rakes were transferred to support the inventory of power plants.
Coal supply is summonly regardless of aluminum production is declared a public utility service because it is very important and important commodities for a very important sector for the economy.
The shortcomings now put the risk investment from the Crore Rs 1.4 lakh, or $ 20 billion, the industry is made to double domestic capacity to more than 4 million tons per year – or the second largest capacity in the world.
Given the terrible situation, the Indian aluminum association, representing the entire manufacturer, in its submission to PMO explaining that coal is very important because there is no alternative to captive power because the production of aluminum is a continuous process that requires steel and 145 times more than cement.
“Any power failure of more than two hours will produce at least six months of plant closure and make weight losses, restart costs and prolonged metal impurity.
This industry invests Rs 50,000 Crore to prepare 9.4 GW CPPS which is 6% of the total demand of the country and 123% of the total energy traded in Indian energy exchanges (7.6 gw at 2021).
Therefore, it is technically not feasible to get this great power from national grids or other alternative sources, “said the association.
With the calculation of associations, tons of aluminum production requires 14,500 continuous power units against 1,000 units to make steel tons and around 100 units for cement.
Ironically, despite the limitation of the aluminum industry, about 10% of the capacity of coal-based generator 209 GW (GigawatT) in this country is still susceptible to blackouts amid increasing demand for coal, crime ranked on Wednesday.
Although 10% dip in demand for power due to recent rain, coal deficiency continues with inventory for about five days.
Because these plants do not have the relevance of coal and prices of coal remain increasing in open or import markets, these plants can see backwards because operating costs exceed income, the agency said.