Coal shortage situation improves as India’s power demand growth eases in November

Surging power demand and high global prices in October left utilities scrambling for coal, India's dominant fuel for power generation, despite record supplies from state-run Coal India , which has a near-monopoly of production.

India's electricity demand grew 2.2% in November, slower than the 4.1% increase in October, a Reuters analysis of government data showed, helping the energy-hungry nation tide over a crippling coal shortage that caused widespread power cuts.

Surging power demand and high global prices in October left utilities scrambling for coal, India's dominant fuel for power generation, despite record supplies from state-run Coal India , which has a near-monopoly of production.