Stockpiles at the country’s power plants have dropped some 11% since mid-August, causing supply concerns India may increase coal imports due to supply concerns, despite a longer-term policy to curb purchases from overseas, the country’s power and renewable energy minister, Raj Kumar Singh told Bloomberg on Friday. “We are watching the situation anxiously. Availability of power for the common man is non-negotiable,” he was cited as saying. About 75% of India’s electricity is coal-powered. According to the report, coal stockpiles have dropped about 11% since mid-August, and this leaves utilities with an average of t
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