The News Craving
Published by
Reuters
Reuters
By Sudarshan Varadhan CHENNAI (Reuters) – Indian utilities are scrambling to secure coal supplies as inventories hit critical lows after a surge in power demand from industries and sluggish imports due to record global prices push power plants to the brink. Over half of India’s 135 coal-fired power plants have fuel stocks of less than three days, government data shows, far short of federal guidelines recommending supplies of at least two weeks. India’s coal shortage crisis https://graphics.reuters.com/INDIA-COAL/SHORTAGE/zdvxoddbapx/chart_eikon.jpg Prices of power-generation fuels are surging …