India has ample coal stocks to meet power sector demand, a coal ministry statement said on Sunday, a day after the Delhi Chief Minister said a shortage of the fuel meant the Indian capital could face a power crisis . State-run Coal India Ltd (COAL.NS) is using its 40 million tonne stocks to replenish utilities, which together have 7.2 million tonnes of inventory, equivalent to four days’ requirements, the ministry statement said. A lack of coal has caused a supply shortage in some eastern and northern states, with residents in the regions experiencing power cuts stretching to up to 14 hours a day. Monsoon rains affected coal supplies to power plants and high global prices curtailed generation by utilities that rely on imported coal, […]