Rain cools down demand for power; coal stocks higher
The recent wet spells and comparatively cooler patches in April in north India, led to lower-than-expected power demand on average. This lowered the fuel depletion rate at coal-based power plants, bringing much-needed relief to the stressed supply chain.
Coal stock with power plants at the beginning of April was 36.9 million metric tonnes, including import, which fell to 35.8 million tonnes as on April 22. The depletion would have been higher if the weather hadn’t turned cooler, said two senior government officials.
