India says it has enough coal stocks to meet power demand

India has coal stocks sufficient to generate power for 24 days at its mines and power plants, a government official said. The report indicates limited near-term risk of coal-driven power shortages or price spikes, easing short-term pressure on electricity supply and thermal coal markets.

Analysis

India has coal stocks sufficient to generate power for 24 days at its mines and power plants, a government official said. The report indicates limited near-term risk of coal-driven power shortages or price spikes, easing short-term pressure on electricity supply and thermal coal markets.