India Government Says Coal Stocks In The Country Total 220 Million Tons Apr 08, 2026
More news about Coal India
08Apr 26
India Government Says Power Plants Have 55 Million Tons Of Coal, Enough For 24 Days
The Indian government has officially confirmed that power plants across the country maintain 55 million tons of coal inventory, providing adequate supply for 24 days of continuous electricity generation. This assessment demonstrates systematic monitoring of energy supply chain stability and effective coordination between mining operations and power generation facilities to ensure uninterrupted energy supply.
Coal India Reports 69.5 Million Tonnes Coal Offtake in March 2026, Up 0.7% Year-on-Year
Coal India achieved coal offtake of 69.5 million tonnes in March 2026, up 0.7% year-on-year. This modest growth demonstrates the company's consistent operational performance and ability to maintain steady output levels in coal production and distribution.
Nuvama Downgrades Coal India to Reduce with ₹384 Target Price on Supply Concerns
Nuvama has downgraded Coal India to Reduce with a ₹384 target price, citing excess domestic supply, weak demand, and competition from captive miners limiting price and volume growth. The brokerage highlights concerns about flat e-auction premiums, wage hike risks, and projects a muted earnings outlook with approximately 4% EBITDA CAGR for FY26-28.
Coal's Share in India's Electricity Generation Expected to Fall to 49% by 2035-36
Coal's dominance in India's electricity generation is projected to decline significantly from more than 70% currently to around 49% by 2035-36. This represents a decline of over 20 percentage points, indicating a major transformation in India's power generation mix over the next decade. The shift suggests a fundamental restructuring of the country's energy sector as alternative sources are expected to fill the gap left by reduced coal dependency.