Nirmala Sitharaman said that Power Minister RK Singh went on record just two days ago when he said absolutely baseless information is floating around that there is probably a shortage of coal, shortage of other inventories which will lead to a sudden gap in the supply-demand situation in the energy consumption. "Absolute baseless! There is no shortage of anything. In fact, if I recall the minister’s statement, every power-producing installation has the next four days’ stock absolutely available within their own premises and the supply chain has not broken at all, Sitharaman said here at Harvard Kennedy School on Tuesday. During the conversation organized by the Mossavar-Rahmani Center for Business and Government, Sitharaman was asked by Harvard Professor Lawrence Summers about energy shortage and reports of reduced coal inventories in India. There are not going to be any deficiencies that may lead to any shortfall of supply. So that takes care of India’s power situation. We are now a power surplus country.
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