India faces electricity crisis as coal supplies run critically low

States including Rajasthan, Jharkhand and Bihar have been experiencing power cuts lasting up to 14 hours. Energy providers and India's state-owned coal producer, Coal India Limited, have instead been accused of failing to stockpile sufficient amounts to meet the predicted rise in demand.


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NEW DELHI, June 29 (Reuters) - India's biggest cement producer, UltraTech Cement (ULTC.NS), is importing a cargo of Russian coal and paying using Chinese yuan, according to an Indian customs document reviewed by Reuters, a rare payment method that traders say could become more common.

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