InvestorQ : Why are power companies in India facing a coal shortage currently?
Tisha Malhotra made post

Why are power companies in India facing a coal shortage currently?

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Aashna Tripathi answered.
2 months ago
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Due to the spike in global power prices, Indian power companies are depending less on imported coal. But, domestic coal is not equipped to handle a surge in domestic coal demand. 74% of Indian power capacity is thermal power.

Out of the 135 coal-fired power plants in India, 72 plants have less than 3 days stock of coal while 30 power plants have stocks for just 10 days. With the economic revival, the electricity demand has spiked, but unseasonal rains this year have negatively impacted coal mining activity.

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