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Market move▼ Bearish for Coal India
Coal stocks worsen as 77 thermal power plants face critical inventories
The brief
- 77 thermal power plants face critical coal inventories
- Coal stocks cover just seven days and stand at 37 per cent of requirement
- Low coal inventories raise supply risks for Indian power generators, including NTPC and other thermal utilities
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India's coal supply measures for power plants
India considered requiring thermal plants to blend up to 5% imported coal as stocks fell to 22.9 million tonnes, equal to seven days of cover, on September 19. It later directed 112 captive coal plants to run at full capacity from October 1 and sell surplus power through exchanges.
Sunday, 27 September
- Coal stocks worsen as 77 thermal power plants face critical inventories