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Policy● Neutral for Indian equities
EU warns of energy price crisis and urges countries to consider demand curbs
The brief
- The EU urged governments to step up preparations and consider curbing energy demand
- The EU said it is better prepared than in winter 2021, when Russia reduced gas deliveries
- Energy-price pressure could affect Indian gas importers and power-intensive industries
- 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
- Power ministry weighs mandatory imported coal blending as stocks dwindle