Coal supplies to power plants rise 36% from September lows

Daily coal supplies to India's power sector have increased by 36% from September lows, with rail loading averaging 465 rakes daily in October.

The Coal Ministry stated that stock depletion slowed sharply from 0.243 million tonnes daily in September to 0.116 million tonnes in October.

Power demand is expected to moderate by mid-October according to historical trends, helping power plants stabilize inventories ahead of winter.