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Business

Blackouts hit Indian factories as coal crunch feeds into economy

Indian industries and households are grappling with power shortages due to reduced coal supplies and extreme weather con...

Blackouts hit Indian factories as coal crunch feeds into economy
Source: Economic Times - Companies

Indian industries and households are grappling with power shortages due to reduced coal supplies and extreme weather conditions. The weak monsoon has limited hydropower generation while demand for electricity has surged. Many factories, including small steel mills, are facing lengthy outages, impacting production and increasing costs. Consumers in states like Uttar Pradesh are experiencing significant blackouts, prompting investments in backup...

SOURCE: Economic Times - Companies
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