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India: Power plant coal stocks remain stable m-o-m in Mar’26, but regional imbalances deepen ahead of summer
Inventories accumulate in pithead regions, northern states Drawdown in west, south raises risks of tight power supply India’s coal stock position at thermal power plants remained broadly stable at around 59 million tonnes (mnt) through March, but the underlying distribution of those stocks has become increasingly uneven. At first glance, this suggests a system that is…