Report: Coal stocks at India’s power plants slide to 6 days

摘要

Coal stocks at India’s power plants slipped to an average of six days ofrnpower generation against a threshold of more than 20 days of their stipulatedrncoal supply as reserve, Business Standard reported Oct. 7.rnThe shortage, coupled with decreased hydro and wind power generation,rnresulted in a rebound in power prices in the spot market. Power prices arernnow hovering around 5.5 Indian rupees per unit, compared to 2 to 3 rupeesrnper unit, which prevailed earlier, the report said.