Economy
India Coal Stocks Slide 24% Amid Surge in Power Demand
The Indian Express1h
THE BRIEF
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Coal inventories at domestic thermal power plants fell by nearly 24% to 19.2 million tonnes by September 27 compared to the start of the month.
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The depletion stems from an unusual surge in peak power demand reaching 269 GW and reduced hydropower output due to deficient rainfall.
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In response, the Centre invoked Section 11 of the Electricity Act to mandate 112 captive coal-fired plants to operate at maximum capacity until December 31.