India is taking emergency measures to prevent electricity outages by seeking additional volumes of natural gas and expediting power plant maintenance. The government note reveals that power plants running on imported coal are required to maximize output, as record power demand in August and a decline in hydro and wind energy output have led to the country’s widest electricity shortage in 16 months. The note urges states to bring gas-based power plants into use during high demand days and non-solar hours and to expedite the commissioning of new renewable and thermal power plants. This could drive increased demand for natural gas and prompt India to seek more LNG cargoes on the spot market. India’s power demand has been growing rapidly following the pandemic, with coal accounting for the majority of power generation. However, the share of gas-fired power has declined due to high LNG prices, and below average rain during the monsoon season is expected to result in lower hydroelectricity output in the coming months. The ministry emphasizes that meeting non-solar hours demand relies heavily on coal-fired generation.
Exclusive: India seeks more natural gas amid emergency measures to end blackouts
/cloudfront-us-east-2.images.arcpublishing.com/reuters/2VIAM6J4OFJOFJGDSUIQZRM2D4.jpg "Exclusive: India seeks more natural gas amid emergency measures to end blackouts")
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