Coal stocks at thermal plants hold above 18 MT as supply deficit narrows

Coal stocks at thermal plants hold above 18 MT as supply deficit narrows

India’s thermal power plants are maintaining coal inventories above 18 million tonnes, indicating a shrinking supply shortfall. Daily coal consumption for these plants is under three million tonnes, while they generate more than 60% of the nation’s electricity during peak periods. The improved stock levels suggest a modest easing of the earlier deficit overall recently.