Govt allows power plants to blend imported coal with local grade


NEW DELHI: India on Tuesday allowed power producers to expedite imports of coal to use for up to 10% of blends with the domestic grade to meet increased power demand in a move that could push up already high global prices.
Asia’s third-largest economy is facing large-scale outages as several power plants have low coal inventories amid a sharp spike in global energy prices.
So far power plants that use local coal import little.
The note said supply from state-run Coal India is not commensurate with the surge in electricity consumption, leading to a change in government policy on coal imports.
India’s power demand has been rising with the revival of the economy after the lifting of Covid-induced restrictions.





Source link

Leave a Comment

%d bloggers like this: