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India’s Power Outage Risks Increase as Coal Stockpiles Plummet

  • Rains slowing down operations at mines, Coal India says
  • Inventories at power plants slide to near three-year low

Coal stockpiles in India plunged to the lowest in nearly three years, putting more than half the country’s coal-fired generation capacity at risk of outages.

Heavy rains in India’s largest mining regions are worsening the country’s coal supply crisis. Flooded mines and water-logged roads have slowed down operations at state miner Coal India Ltd.’s mines, according to technical director Binay Dayal, choking supplies to power stations. That’s pushed stockpiles of the fuel to 9.3 million tons, the lowest since October 2018, data from the Central Electricity Authority show.