Coal PSUs absorb costs amid India’s supply push to meet power demand
Indian Express·1h ago·Neutral
What Happened
India's public sector coal companies are absorbing increased input costs from the West Asia conflict to keep coal prices stable. The power sector projects coal demand of 906 million tonnes this year, a 10% increase from 813 MT last year. Power plants hold 24 days of stock. Mines have 130 MT available with more in transit. Daily requirement is 2.4 MT, while approved transport capacity reaches 2.55 MT daily.
Key Entities
India's coal PSUsPower sectorMinistry of CoalSanjeev Kumar Kassi906 million tonnes270 GW peak demandIndian Railways