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Decline in Indian Power Plant Coal Imports Signals Distress

Rajesh Kumar Singh
Decline in Indian Power Plant Coal Imports Signals Distress

The decline in coal imports by India’s power plants points to distress in an increasing number of generators and a domestic supply shortfall. Imports by power stations fell about 15 percent from a year ago in the first two months of the fiscal year to March caused mainly by a 32 percent drop in overseas purchases by plants designed to use imported coal, according to calculations based on data from Central Electricity Authority, a unit of the power ministry. Higher coal prices and a weaker rupee forced them to cut generation.