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The Economic Times

Economy / The Economic Times

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Govt shelves import plan to tackle diminished coal stockpiles

India has shelved a proposal to mandate coal imports because of rising costs and a weaker rupee. Policymakers are instead encouraging Coal India Ltd. to enhance output and ensure timely transport to power stations. Coal reserves have reached the lowest level in nearly five years, impacting electricity generation severely this month. While power demand remains high, the depletion rate of coal inventory has slowed compared to last month.

19 Oct 2026 4:31 pm