Why Is India Facing A Coal Shortage What Caused the Coal Shortage, Who Are Winners & Losers

INSUBCONTINENT EXCLUSIVE:
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While the company's chairman has said the miner will increase prices, it is not immediately clear when it will happen.Meanwhile, Asia's
country's power tariffs, set by the respective states, are among the lowest in the world, according to the website globalpetrolprices.com,
as state-run distribution companies have absorbed higher input costs to keep tariffs steady.This has left many of these companies deeply
indebted, with cumulative liabilities running into billions of dollars.The companies' strained balance sheets have consistently triggered
delayed payments to power producers, often affecting cash flows and disincentivising further investment in the electricity generation
sector.Indian power producers locked in long-term agreements with distribution utilities often cannot pass on higher input costs unless
It mainly imports from Indonesia, Australia and South Africa.CRISIL, a unit of ratings agency S-P, said it expects Australian and Indonesian
all-time highs - dropped by more than 30% from the average for the first seven months of the year to just under 3 million tonnes, according
seeking new cargoes this month.Who are the winners and losers?Shares of Indian power producers NTPC Ltd, Tata Power and Torrent Power,
power plants have curtailed production due to high foreign prices.While large scale outages like those in China seem unlikely in the
immediate future, some pockets of the country might face power outages, officials say.