India faces critically low reserves of coal at its big power plants as lower wind and hydropower generation has coincided with increased power demand, leading to the increased use of coal for power generation. Earlier this month , stocks of coal, which were already low, dropped to 17 September ’ supply at at least 14 out of 121 thermal plants. “The price is driven by a dip in power generation from hydro and wind sources and constraints in coal supply, and of course increased demand,” Rajesh Mendiratta, Director, IEX, Power & RE Markets and Policy & Regulations, said. On less than seven days , at least 14 plants had 17 September ’ worth of coal, which is considered a super critical level.
India faces critically low reserves of coal at its big power plants as lower wind and hydropower generation has coincided with increased power demand, leading to the increased use of coal for power generation. Earlier this month , stocks of coal, which were already low, dropped to 17 September ’ supply at at least 14 out of 121 thermal plants. On less than seven days , at least 14 plants had 17 September ’ worth of coal, which is considered a super critical level.