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Market move▼ Bearish for Indian equities
Coal stocks at power plants plunge as hydro, solar output weakens
The brief
- Coal stocks at power plants have plunged as hydro and solar output weakened
- Tighter coal availability exposes thermal power generators and electricity suppliers to supply risks
- No shortage of coal now, govt increasing supply of coal to power plants through more railway rakes, says Coal Minister
- No coal shortage despite higher power demand, monsoon disruptions: Reddy
- JSW Energy completes equipment orders for 3,200 MW thermal power project in West Bengal
- Captive coal plants asked to maintain stocks from October 1: What it means for India's power supply
- Govt directs company-run power plants to supply surplus electricity in market
India's coal supply and power generation measures
India considered requiring thermal plants to blend up to 5% imported coal as stocks fell to 22.9 million tonnes, or seven days of cover, on September 19. It also ordered 112 captive coal plants to run at full capacity from October 1 to December 31 and sell surplus power; 77 thermal plants later faced critical inventories.
Monday, 28 September
- Coal stocks at power plants plunge as hydro, solar output weakens