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Recently, due to tight coal inventory levels, power generation at power plants in several Indian states has continued to decline; currently, 16 power plants across India have stopped operating owing to a lack of coal. To date, due to tight supplies of thermal coal, Maharashtra, where India’s financial hub Mumbai is located, has shut down 13 power plants. In addition, 3 power plants have also closed in Andhra Pradesh. Data from the Indian Central Electricity Authority as of October 10 showed that among India’s 135 major coal-fired power plants, 115 have coal reserves in a critical state, with reserves at nearly half of these plants being sufficient to last less than four days. Normally, the standard practice for coal-fired power plants in India is to maintain a stock of coal that lasts for more than 15 days. Affected by this, many power plants have begun to cut their power generation in half. To address the power shortage, Punjab currently implements irregular power cuts of 4 to 5 hours per day. The local authorities in the capital, New Delhi, have also issued warnings to residents, urging them to conserve electricity. It is understood that 70% of India’s energy consumption comes from coal, with 300 to 400 million tons of coal imported each year from countries such as Indonesia, Australia, and South Africa. Due to rising import coal prices, Indian power generation companies are reluctant to use expensive imported coal for power production. Data shows that in July and August of this year, coal imports for power plants dropped by 45% compared to the same period last year. Meanwhile, India’s electricity demand increased by nearly 13% in the first eight months of this year, resulting in a growing gap between coal supply and demand. India **stated that coal supply is currently increasing. It is expected to return to normal levels by the end of this month.