Newsbytes
  • India
  • Business
  • World
  • Politics
  • Sports
  • Technology
  • Entertainment
  • Auto
  • Lifestyle
  • Inspirational
  • Career
  • Bengaluru
  • Delhi
  • Mumbai
  • Videos
  • Visual Stories
  • Reviews
  • Phone Reviews
  • Fitness Bands Reviews
  • Speakers Reviews
  • Find Cricket Statistics
Hindi
More
In the news
Heatwave
Coronavirus Cases In India
COVID-19 Vaccination
Fuel Price Hike
COVID-19 Guidelines
Cyclone Asani
Newsbytes
Hindi
Newsbytes
User Placeholder

Hi,

Logout


India
Business
World
Politics
Sports
Technology
Entertainment
Auto
Lifestyle
Inspirational
Career
Bengaluru
Delhi
Mumbai
Videos
Visual Stories
Reviews
Phone Reviews
Fitness Bands Reviews
Speakers Reviews
Find Cricket Statistics

More Links
  • Videos

Download Android App

Follow us on
  • Facebook
  • Twitter
  • Linkedin
  • Youtube
 
Home / News / India News / Sitharaman rubbishes reports of coal shortage as 'baseless'
India

Sitharaman rubbishes reports of coal shortage as 'baseless'

Sitharaman rubbishes reports of coal shortage as 'baseless'
Written by Pratyush Deep Kotoky
Oct 13, 2021, 06:10 pm 2 min read
Sitharaman rubbishes reports of coal shortage as 'baseless'
Nirmala Sitharaman claimed, "There is no shortage of anything."

Finance Minister Nirmala Sitharaman on Tuesday denied reports of coal shortage in the country and said these are "absolutely baseless." The minister asserted that the question of shortfall doesn't arise as "India is now a power surplus country." She made the comments at a conversation organized by the Mossavar-Rahmani Center for Business and Government at Harvard Kennedy School. Here are more details.

Details
We are now a power surplus country: Sitharaman

Replying to a question about energy shortage and reports of reduced coal inventories in India, Sitharaman said the reports were "baseless" and "there is no shortage of anything." "There are not going to be any deficiencies which may lead to any shortfall of supply. So that takes care of India's power situation." "We are now a power surplus country," the minister asserted.

Supply
Supply chains are intact: Sitharaman

Refuting shortage claims, Sitharaman repeated Power Minister RK Singh's comment on the issue and said that "every power-producing installation has the next four days' stock absolutely available within their own premises." Downplaying the issue, she added, "The supply chain has not broken at all." She claimed that this is not about "short supply," but it's about "newer components" in India's energy "basket."

Quote
She emphasized shifting to renewable energy

Elaborating on India's energy basket, Sitharaman said her government is taking risks to "see what basket of energy is available for India...how much is based on fossil fuel and how much comes from renewable." She also emphasized shifting it "in favor of renewable energy."

Context
Centre accepted coal crisis after states flagged the issue

Sitharaman's denial comes at a time when the central government has accepted the crisis and maintained that it is working to increase the coal supply to mitigate the problem. The Power Ministry has also allowed the power producers to import up to 10% of their coal requirement. Meanwhile, Prime Minister's Office, too, held a review meeting on Tuesday to take stock of the situation.

COVID-19
Sitharaman hailed India's institutional framework for successful COVID-19 vaccination drive

Separately, the Finance Minister also talked about India's successful COVID-19 vaccination drive as it nears one billion doses. Citing the success of polio vaccinations, she hailed India's top to village level institutional framework and experience. "Just as soon as the vaccines became available...our systems were ready to fan out...even go to some of the far-flung areas, and give the doses."

Share this timeline
Facebook
Whatsapp
Twitter
Linkedin
Pratyush Deep Kotoky
Pratyush Deep Kotoky
Twitter
Pratyush Deep Kotoky covers national and politics news at NewsBytes. His over three-year-long career involves reporting on sociopolitical issues across India, particularly the northeast region. His previous stints include 101Reporters, The Sunday Guardian, and Inshorts, and he has also written for Asia Times, Firstpost, and Newslaundry. He has a postgraduate degree in Journalism from the Indian Institute of Mass Communication, Delhi.
Latest
India
Narendra Modi
Nirmala Sitharaman
Coal India
Ministry of Finance
Related
Latest
NamX-Pininfarina hydrogen SUV concept,  with removable fuel tanks, revealed
NamX-Pininfarina hydrogen SUV concept, with removable fuel tanks, revealed Auto
2022 Kymco KRV 180i breaks cover with several new features
2022 Kymco KRV 180i breaks cover with several new features Auto
What's your pick this National Chocolate Chip Day?
What's your pick this National Chocolate Chip Day? Lifestyle
Liverpool down Chelsea to win the FA Cup: Records broken
Liverpool down Chelsea to win the FA Cup: Records broken Sports
India-bound 2023 Triumph Rocket 3 R, 3 GT unveiled
India-bound 2023 Triumph Rocket 3 R, 3 GT unveiled Auto
India
Low output estimate: India bans wheat exports in policy reversal
Low output estimate: India bans wheat exports in policy reversal Business
Late Danish Siddiqui awarded 2nd Pulitzer for photographing COVID-19 deaths
Late Danish Siddiqui awarded 2nd Pulitzer for photographing COVID-19 deaths World
WHO report claims India underreported COVID-19 deaths; India strongly objects
WHO report claims India underreported COVID-19 deaths; India strongly objects India
India: Phase-2 trials of world's first one-shot pneumococcal vaccine soon
India: Phase-2 trials of world's first one-shot pneumococcal vaccine soon India
COVID-19: India reports 2,568 new cases, 20 more deaths
COVID-19: India reports 2,568 new cases, 20 more deaths India
More News
Narendra Modi
COVID-19: India logs 2,858 fresh cases, 11 more fatalities
COVID-19: India logs 2,858 fresh cases, 11 more fatalities India
Delhi: 27 dead in massive fire; Kejriwal orders magistrate probe
Delhi: 27 dead in massive fire; Kejriwal orders magistrate probe India
Assam: Woman, whose son died after citizenship summons, declared Indian
Assam: Woman, whose son died after citizenship summons, declared Indian India
Sedition law: 'What about pending cases?' SC asks Centre
Sedition law: 'What about pending cases?' SC asks Centre India
Karnataka: Setback for Congress as senior leader joins BJP
Karnataka: Setback for Congress as senior leader joins BJP Politics
More News
Nirmala Sitharaman
Sitharaman assures Sri Lanka of all possible assistance from India
Sitharaman assures Sri Lanka of all possible assistance from India World
Sri Lanka crisis: India to provide additional $2 billion aid
Sri Lanka crisis: India to provide additional $2 billion aid India
CoinSwitch Kuber suspends crypto purchase and money transfer on app
CoinSwitch Kuber suspends crypto purchase and money transfer on app Business
Buying discounted oil from Russia in national interest: FM Sitharaman
Buying discounted oil from Russia in national interest: FM Sitharaman Business
Taxing cryptocurrency is government's sovereign right: FM Sitharaman
Taxing cryptocurrency is government's sovereign right: FM Sitharaman Business
More News
Coal India
Power crisis: Passenger trains canceled to make way for coal
Power crisis: Passenger trains canceled to make way for coal India
Power crisis: Sufficient coal in India, says Coal Minister
Power crisis: Sufficient coal in India, says Coal Minister Business
Increase in demand, revival of economy causing coal shortage: Centre
Increase in demand, revival of economy causing coal shortage: Centre India
#CareerBytes: Top PSUs you can apply for with good GATE-score
#CareerBytes: Top PSUs you can apply for with good GATE-score Career
Meghalaya: After losing second body, rescuers struggling to retrace it
Meghalaya: After losing second body, rescuers struggling to retrace it India
More News
Ministry of Finance
Union Budget 2022: Here are the key takeaways
Union Budget 2022: Here are the key takeaways Business
Income Tax Returns deadline extended to March 15
Income Tax Returns deadline extended to March 15 Business
GST changes from January 1: Here's how it impacts prices
GST changes from January 1: Here's how it impacts prices Business
No proposal to recognize Bitcoin: Finance Ministry tells Parliament
No proposal to recognize Bitcoin: Finance Ministry tells Parliament Business
9 BJP-ruled states cut petrol, diesel rates further
9 BJP-ruled states cut petrol, diesel rates further Business
More News
Related
Power companies allowed to import 10% of their coal requirement
Power companies allowed to import 10% of their coal requirement India
PMO to review coal shortage situation amid impending power crisis
PMO to review coal shortage situation amid impending power crisis India
Centre warns against selling power at hiked rates on exchange
Centre warns against selling power at hiked rates on exchange India
Amit Shah meets Coal, Power Ministers amid coal shortage concerns
Amit Shah meets Coal, Power Ministers amid coal shortage concerns India
Next News Article
Next News Article

Love India news?

Subscribe to stay updated.

India Thumbnail
India News Business News World News Politics News Sports News Technology News Entertainment News Auto News Lifestyle News Inspirational News
Career News Bengaluru News Delhi News Mumbai News Mukesh Ambani Indian Premier League (IPL) Karnataka Samsung Xiaomi West Bengal
Bihar Virat Kohli Rohit Sharma Haryana Narendra Modi Arvind Kejriwal Tamil Nadu Gujarat Yogi Adityanath YouTube
Instagram Hollywood News Uttar Pradesh Kerala Netflix Bollywood News Mamata Banerjee Maruti Suzuki Rahul Gandhi Elon Musk
Shah Rukh Khan Chelsea FC OPPO Akhilesh Yadav Indian Cricket Team Apple Manchester United Salman Khan Cryptocurrency OnePlus
Amitabh Bachchan ICC Women's World Cup Vivo India vs Sri Lanka
About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive IPL 2022 Schedule IPL 2022 Points Table Find Cricket Statistics
Follow us on
Facebook Twitter Linkedin Youtube
All rights reserved © NewsBytes 2022