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Recouping energy losses

Given Coal India’s complete failure in meeting the needs of the country’s power sector—the number of coal plants with less than a week’s supply of coal rose from 27 in January 2011 to 45 by December—and the fall in RIL’s gas supplies from the KG Basin, you don’t get any prizes for guessing what issues will top the agenda of the Prime Minister’s meeting with the chiefs of power companies like Ratan Tata and Anil Ambani tomorrow. It’s equally clear the PM doesn’t have that much to offer by way of solutions, other than asking Coal India to try and raise production and to ensure there is better coordination between it and the Railways so that there are no coal stocks lying around Railway sidings.

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