India Races to Triple Coal Stockpiles to Prevent Summer Blackouts

India’s coal, power, and railway ministries are working jointly to boost the country’s stocks of coal ahead of next summer, Bloomberg has reported, citing unnamed sources. The target total is 55 million tons, a substantial boost from the current inventory, which amounts to 18 million tons. The targeted amount should be secured by the end of the current Indian fiscal year, March 31. Currently, coal stocks are at their lowest since 2021, Bloomberg noted in its report. The amount in stock is only enough for six days of power generation…