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India coal supply crisis

India coal supply crisis

Finance · 2 updates

Coal stocks at power plants may fall 20%

New Delhi: Coal stocks at power plants are expected to fall to 24-30 million tonnes (mt) by the end of September from about 37 mt currently, amid lower seasonal dispatch, higher demand during a deficient monsoon and above-normal temperatures, people familiar with the matter said.Coal supplies to thermal power plants have picked up in recent months, even as stocks at generating units have declined from the high levels seen at the start of the financial year because of cooling demand.Stocks at power plants stood at 59.3 mt on April 1, compared with 37.2 mt on August 7.The average number of rakes

Power demand soars, Karnataka targets higher coal stocks, extra rakes to secure thermal power supply

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