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VIDEO INTRODUCTION:
India is facing one of the worst power crises in its History and the scariest point is that this power crisis is not something that rarely has been haunting almost every year for 10 years now!! As a result, businesses all across the country are facing lakhs and even crores of losses due to power shortage!! and at the macro level, the economy of India itself is taking a hit!!
Now when we say power crisis you might think maybe India does not have enough energy source!! But the fun fact is that India has the 5th largest coal reserve globally with 9.5% of the entire world's coal reserve right here in our country itself!! We have so much coal that with the existing energy demands, these reserves can power India for 111 years!!
So the question is,
Inspite being one of the largest coal reserve why is India facing a power crisis?
What are the factors that cause this to happen every single year ?
and most importantly, as investors, What are the study materials to help you understand the power crisis and its impact on the Indian markets!!
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Study materials
https://www.niti.gov.in/sites/default/files/2021-08/Electricity-Distribution-Report_030821.pdf
https://www.teriin.org/sites/default/files/2021-08/power-distribution-India-dp.pdf
https://www.moneycontrol.com/news/business/companies/its-not-a-power-crisis-or-a-coal-crisis-its-a-payment-crisis-8419141.html
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#powercrisis #coalcrisis #Indiapowercrisis Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost. Fair use - This video is for educational purposes only. All materials used in this video, including images, audio, and video clips, are the property of their respective owners and are used here under the doctrine of fair use. This video is intended to provide commentary, criticism, research, and education on the subject matter. We believe this constitutes a fair use of any such copyrighted material as provided for in Section 107 of the US Copyright Law.