Friday, April 29, 2022

Heatwave Triggers Indian "Power Crisis" As State Firms Seek Russian Crude To Secure Supplies

"Another devastating heatwave has parched large swathes of India this week, resulting in
power blackouts. 
The government has forced power cuts for factories in various provinces to mitigate the grid's collapse. Since most electricity generated in India is from fossil fuels and extreme heat increases power demand. Reuters revealed that Indian refiners are negotiating a six-month oil deal with Russia to import millions of barrels per month." ZH

No comments:

Post a Comment