India considering strategic reserves for natural gas, imported coal


India is considering maintaining strategic reserves of natural gas and imported coal to address future supply shocks, a senior power ministry official said on Thursday, as the energy hungry nation battles a crippling coal shortage.

A surge in power demand combined with a fall in imports due to high global coal prices have lead to supply disruptions and power cuts lasting up to 14 hours a day, despite record supplies from state-run Coal India, the world's biggest coal miner. Alok Kumar, India's power secretary, said countries increasingly.....

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