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Market move● Neutral for Indian equities
High European gas prices push power producers back to coal
- Coal stocks worsen as 77 thermal power plants face critical inventories
- Centre orders captive coal plants to boost output and sell surplus power
- Centre orders captive coal plants to maximise output from October 1 amid rising power demand
- India orders 112 captive coal plants to run at full capacity from October 1
- As stocks fall at power plants, govt mulls imported coal blending