Coal Supplies Drop to ‘Critical’ at Most Indian Power Plants

Bloomberg reported that India power utilities are experiencing critically low coal supplies.

As quoted in the market news:

Fifty-two coal-fired generators, more than half of the 89 thermal-power plants in India, had stockpiles of less than seven days’ supply on Nov. 27, the supervisory body said in a report on its website. That compared with 46 such plants a month earlier and 29 units a year ago.

Click here to read the full Bloomberg report.