PSU PRESS RELEASE
India puts power projects based on imported coal under review
New delhi . A pall of uncertainty has been cast over Indian thermal power stations running on imported coal, as the country is moving into surplus production and even considering options to export coal.
The Coal Ministry has directed all government-owned and -operated thermal power generation companies to desist from importing coal for their feedstock requirement, and against this backdrop questions have been raised about costs, risks and the viability of imported coal-based mega thermalprojects currently on the anvil.
Various government departments had raised questions about the risk that projects based on imported coal would seekfrequent electricity tariff revisions, following changes in the international trading environment.
Read Also : RBI takes serious action against Kotak Mahindra
News Must Read
- SJVN Limited inaugurates India's first Multi-purpose Green Hydrogen Pilot Project
- KRDCL, RVNL JV emerges as the Lowest Bidder for Redevelopment of Thiruvananthapuram Central Railway Station
- REC Ltd. has incorporated subsidiary company BPTL
- Hon’ble Vice President of India Confers `Outstanding PSU of the Year’ Award on HAL
- BharatPe Launches India’s first All-in-One Payment Device
- NBCC registers historical Performance in FY2023-24
- RuPay Unveils Link it, Forget it Campaign at IPL 2024 to Promote RuPay Credit Card on UPI
- NTPC Green Energy Limited Inks MoU with Indus Towers Limited
- CIL’s capex up 6.5% to highest Rs.19,840 Crores in FY 2024
- SCOPE presents SCOPE PREMIER LEAGUE