Centre warns against selling power at hiked rates on exchange
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Several states across India witnessed blackouts over the weekend amid concerns over a coal shortage. Notably, coal is used to produce roughly 70% of India's power. Nearly 80% of India's coal power plants are in the critical, or "supercritical" stage, i.e., supplies may last for under five days, official data shows. Meanwhile, the Centre warned states against selling power in exchanges at higher prices.