Coal stocks at thermal plants up 34% on year

Coal stocks at thermal power plants improved to 53.6 million tonnes at the end of November, up 34% from the year-ago level as above-normal rains led to lower than anticipated electricity demand.

The stocks are at 86% of the normative level of 62.4 million tonnes, compared to just 67% in the same period of last year, data from the Central Electricity Authority showed.

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