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Policy● Neutral for Indian equities
No shortage of coal now, govt increasing supply of coal to power plants through more railway rakes, says Coal Minister
The brief
- The government says there is no shortage of coal for power plants
- Coal supply to power plants is being increased through more railway rakes
- Coal availability supports thermal power generation; coal producers and rail freight are exposed
- Coal stocks at power plants plunge as hydro, solar output weakens
- India Burns Through Coal Stockpiles in Rush to Ease Power Gap
- 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