India shelves coal import plan as high global prices, weak rupee raise costs
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India has decided not to mandate coal imports for power plants due to high international prices and a weaker rupee. Coal stockpiles have reached critically low levels at many power stations, prompting concerns about electricity shortages in the country. Policymakers are focusing on boosting domestic coal production and improving transportation to mitigate the situation.
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- https://timesofindia.indiatimes.com/business/india-business/india-shelves-coal-import-plan-as-high-global-prices-weak-rupee-raise-costs/articleshow/135051117.cms
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- 19/10/2026 15:12 UTC
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- 19/10/2026 15:47 UTC
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