Aluminium firms draw costly power from grid, hurting utilities low on coal
India’s aluminium producers are drawing expensive power from the national grid and adding to pressure on utilities with low coal stock, the Aluminium Association of India (AAI) told Reuters on Tuesday, as state-run Coal India has curbed supplies.
A crippling shortage across the country has pushed state-run Coal India to impose temporary supply curbs to non-power consumers, including the energy-intensive aluminium industry, pushing producers to draw electricity from the grid.
Indian aluminium producers such as Hindalco Industries Ltd and Vedanta Ltd largely use power generated from the so-called captive utilities – which are not connected to the national grid – where the companies generate electricity for self-use.
