India has asked utilities
to import 4% of their coal requirement until March next year and
has called a meeting to revive idling state-owned and private
gas-based power utilities on Monday, letters. -Yesterday at 11:30 pm- MarketScreener
The Indian government has extended its mandate to power plants to import coal until March as the country experienced the driest August in a little over 100 years, pushing electricity demand to a record high. Plants have been asked to import 4% of their supplies through March in a bid to avoid outages.
India has asked utilities
to import 4% of their coal requirement until March next year and
has called a meeting to revive idling state-owned and private
gas-based power utilities on Monday, letters. -Today at 12:18 pm- MarketScreener