India nears widespread power crunch on coal shortage

Rising prices of fossil fuel leave most plants with only 3-day stockpile

20211004NY INDIA ELECTRICITY

A worker repairs power lines on a pole in Kochi, India. Soaring coal prices caused Indian imports to drop more than 30% in August and September from the average in July. © Reuters

TOMOYO OGAWA, KAZUYA HIRUTA and RYOSUKE HANADA, Nikkei staff writers

TOKYO/MUMBAI -- India stands on the brink of widespread power shortages as most of the country's coal-fired plants have enough fuel for only a few more days, the latest reports show.

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