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Policy● Neutral for Indian equities
Govt directs company-run power plants to supply surplus electricity in market
The brief
- Government directed company-run power plants to supply surplus electricity to the market
- Higher power availability may affect Indian generators and electricity-market prices
- 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