New Delhi is reportedly mulling the idea of maintaining strategic reserves of natural gas and imported coal to prevent future supply shortages amid the growing global energy crisis.
India is currently struggling with a devastating coal shortage triggered by a surge in power demand as the country reopens its economy following the coronavirus pandemic shutdown, and a drop in imports connected to high coal prices across the world.
The energy-hungry nation has experienced power cuts of up to 14 hours per day despite record supplies provided by the state-run Coal India, the world’s number one coal miner. (RT)
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