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Data▲ Bullish for Coal India
Coal expected to provide half of India’s power through 2035-36
The brief
- Coal is expected to generate **half of India’s electricity** by 2035-36 as power demand rises
- The Ministry of Power cited energy security as a reason for coal’s continued role
- Continued coal reliance supports demand outlook for Coal India and thermal-power companies
| Stock | Traded | That day | vs Nifty | Volume | Since |
|---|---|---|---|---|---|
| COALINDIA | Fri, 25 Sept | +1.0% | +0.6% | 0.4× | +1.0% · Nifty +0.3% |
✓ Classifier read this as positive; COALINDIA rose 0.6% against the Nifty on the day it traded.
- 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