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Data▲ Bullish for Coal India
Coal India’s coal supplies to power sector rise 11% in Jul-Sep
The brief
- Coal India raised dry-fuel supplies to the power sector by 11.01% in Q2
- Higher supplies helped liquidate around 63 MT of pithead stocks in the first half
- Higher deliveries support fuel availability for Indian power generators and could help Coal India clear stocks
- No coal shortage, says Reddy; plants with critical stocks rise to 82
- Coal India Unit SECL said to hire banks for $800 million IPO
- Coal stocks worsen as 77 thermal power plants face critical inventories
- India orders 112 captive coal plants to run at full capacity from October 1
- SAIL signs MoU with BCCL for joint development of coal blocks