💨 Abstract

Indian state-owned Odisha Coal and Power Ltd (OCPL) is auctioning 3 million tons of surplus coal at a 15% discount due to lower demand, while domestic coal production has increased. The sale indicates reduced demand for coal, possibly due to limited electricity demand from coal-fired power plants as the monsoon ends. India's coal production reached 370 million metric tons between April and August, and 997.828

Courtesy: theprint.in

Summarized by Einstein Beta 🤖