According to Yahoo!News:
Chennai, Aug 26 (IANS) Diesel users in Tamil Nadu had a tough time for the 10th consecutive day Tuesday, as the fuel shortage continued unabated.
Long queues were seen in many parts of the state. According to petroleum dealers, the current crisis has been triggered by the state-run oil companies, which have curtailed supplies to hike prices again to combat mounting losses.
Tamil Nadu is losing at least Rs.25 million a day due to the fuel shortage, which has affected movement of essential goods across the state. Prices of vegetables and other essential goods have shot up.
However, the oil companies say the crisis is a result of acute power shortage in the state.
Many industries and IT companies in Chennai, Tiruvallur, Cuddalore, Kanchipuram, Villupuram and Vellore are now powering their plants and offices with diesel gensets, a move that resulted in a sudden jump in demand for diesel.
Read the full article at Yahoo!News:
- Ok, a severe power shortage had created a sudden shortage of diesel due to spike in usage of diesel generators. This ripple effects will be inevitable to reach the pockets of the ordinary folks and to the far reaches of the world.
IT Companies requires huge amount of electricity to use their computers, laptops and gadgets to virtually write thousands of profitable softwares and websites. These IT companies are the back bone of many global software giant’s IT support such as “Microsoft”.
Cost of operation will almost certainly go up and it will be very bad news for India’s IT industry there.
Solution that I can think out of is to build solar panels and windmills now immediately in specific zones to cater the power supply to the region in India where it needs the most.
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