Coal Giant Told to Boost Output to Ease India’s Power Crisis
- Nation also seeking more domestic supply to eliminate imports
- Power plants still have average of four days supply of fuel
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India is pushing state-run Coal India Ltd., the world’s top miner of the fuel, to boost production to help power plants navigate a supply squeeze and to meet longer-term ambitions to curb imports.
The nation, which relies on the fuel for about 70% of electricity generation, has already seen signs of power shortages, and needs to lift deliveries to avert the risk of blackouts. It’s also seeking to minimize short-term impacts on energy-hungry industrial users including producers of aluminum, cement, bricks and paper.