Coal stocks at the country’s thermal plants are improving after a difficult month, in which a number of states had to resort to load shedding as plants ran out of the fuel.
While the coal stock position is improving, the shortage at plants has only emphasised the importance of the fuel in the power sector, even as the country is moving towards boosting the share of renewables in its power mix.
As the economy recovers from the pandemic, power demand has risen sharply to well above pre-pandemic levels, forcing coal-fired plants to raise production and meet growing demand.
