India's Energy Crisis Worsens; Coal Reserves 'Running Low'
At the end of last month, India's coal-fired power plants had an average of four days worth of fuel on hand, the lowest level in years. More than half of the plants are on high alert for outages, and spot electricity costs have increased. Spot power rates have risen since coal is utilized to generate over 70% of the energy. The government is developing rules in case idle power plants need restarting.