Coal shortage shuts 8,580 MW generation capacity

Coal shortage shuts 8,580 MW generation capacity

As much as 8,580 MW of coal-based power generation capacity is under outage due to shortage of fuel across the country. According to the latest report of the Central Electricity Authority’s (CEA) operation performance monitoring division, 1,740 MW capacity was offline in West Bengal

Coal India hits over two month high; stock up 3%

Coal India hits over two month high; stock up 3%

Shares of Coal India hit an over two-month high of Rs 292, up 3% on the BSE in an otherwise range bound market on expectations that government may defer stake sale in the company as the stock falls. The stock was trading at its highest level since June 11, 2018, on the BSE.

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