INDIA MARKET LENS
Markets▼ NegativeCredit Ratings

Power struggle: Why India’s thermal plants face a critical coal crunch

Indian markets moved lower in a credit ratings development.

· Business Today Mkts

Coal inventories at power plants hit their lowest level since November 2023. But Crisil Intelligence says the decline appears to be a temporary logistics issue rather than a sign of structural supply stress.

A rating move re-prices a company's cost of borrowing, which feeds directly into margins and, for lenders, into the whole model.

  • Sector exposure: Power.
  • The immediate tone of coverage reads negative.
Power