Electricity generators refusing to lift coal as power demand falls due to lockdown

CIL’s subsidiary Central Coalfields is the worst hit as almost all its power consumers are refusing to accept supplies and make payments. According to an executive, stockyards of a number of power plants are full they cannot accommodate additional supplies. Others want to reduce inventory costs as their finances are strained due to non-payments by state utilities, he said.

from Energy-Industry-Economic Times https://ift.tt/3aPpyJv