As electricity production takes a hit due to lack of coal, Zerodha co-founder Nikhil Kamath shared an infographic explaining what it happening. Kamath posted the four-panel illustration on Twitter with the caption: “What's next for coal?" The first panel delves into how rising coal prices have impacted imports, leading to shrinking supplies to power plants. Meanwhile, China and European countries buying coal at high prices drove rates upwards. An energy crisis is looming over India as coal stocks have dwindled to troubling levels.

Source: Mint October 08, 2021 12:56 UTC