Indian Railways’ supply of trains to Coal India (COAL.NS) for transporting coal has fallen short of its monthly targets for more than a year, government data showed, highlighting the problems behind India’s worst power crisis in over six years. Indian utilities are scrambling to get hold of coal supplies to cope with record-high power demand, but Indian Railways’ inability to supply enough trains makes it difficult to boost coal stocks, which are at their lowest levels in years. Inventories at Indian power plants fell 13% in April despite a 27.6% growth in Coal India’s production, as a heatwave sent power demand soaring to a record high. In April, state-run Indian Railways supplied 261 trains per day to Coal […]