Why India is on the brink of an unprecedented power crisis

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More than half of India’s 135 coal-fired power plants are running on fumes – as coal stocks run low. …

“If I am [as a company] importing expensive coal, I will raise my prices, right? Businesses at the end of the day pass on these costs to consumers, so there is an inflationary impact – both direct and indirect that could potentially come from this,” he added.

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