India extends mandate for imported coal-based power plants to run at full capacity
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 27 2024
0mins
Source: Reuters
Extension of Coal Plant Operations: India has extended the operation mandate for imported coal-based power plants to run at full capacity until February 28, following previous extensions since October.
Coal Imports and Generation Trends: Despite a rise in overall coal-based power generation by 5% from April to September, India's thermal coal imports saw a significant decline of 31.8% in October, marking the fastest contraction in fifteen months.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
