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THREAD: Dizzying U-turns on #ImportedCoal
In 3 months, the Centre has gone from mandating imported #coal blending for power gencos to making it optional.
In May, @MinOfPower directed gencos to blend 10% imported coal or face domestic supply reduction.
google.com/amp/s/wap.busi…
In 3 months, the Centre has gone from mandating imported #coal blending for power gencos to making it optional.
In May, @MinOfPower directed gencos to blend 10% imported coal or face domestic supply reduction.
google.com/amp/s/wap.busi…
The ministry even evoked Section 11 of the Electricity Act allowing all power generators to pass through the high cost of imported coal on the consumers.
wap.business-standard.com/article/econom…
wap.business-standard.com/article/econom…
@ntpclimited was the first to place import tender of 6.25 million tonne. All the tenders totaling Rs 8,308 crore went to @AdaniOnline
It estimated a 50-70 paisa/unit increase in power tariff after 10% imported coal blending.
wap.business-standard.com/article-amp/co…
It estimated a 50-70 paisa/unit increase in power tariff after 10% imported coal blending.
wap.business-standard.com/article-amp/co…
