NEW DELHI (Reuters) – India’s biggest utility NTPC Ltd is ramping up coal output from its mines and importing 270,000 tonnes of the fossil fuel under existing contracts, as it seeks to boost stocks at its plants and meet rising electricity demand.
India’s power demand has rebounded in recent months, reflecting an increase in economic activity as COVID-19 restrictions are eased. The increased consumption coincided with the monsoon season, when rains affected coal supplies.
In July, India’s peak power demand hit 200,570 megawatt (MW), 17.6% more than a year earlier, a government statement said earlier this month.
