Centre extends mandate on imported coal power plants to run till Jun 2024

The order issued using an emergency clause mandates power plants based on imported coal to operate to meet the country's high electricity demand

Coal, power plant
Reuters New Delhi
1 min read Last Updated : Oct 25 2023 | 2:40 PM IST
India has extended by eight months the operation of power plants using imported coal, as high consumption and poor supply deplete domestic stocks of the fuel, according to a government order reviewed by Reuters.

The order invoked emergency powers in asking such plants, with a capacity of nearly 17 gigawatts, to operate so as to meet high demand for electricity until next June.

"It is imperative that ... power from imported coal-based generating stations is available to meet demand," the government said in Monday's order.

It cited a surge in demand for electricity, inadequate domestic coal supply and limited hydropower.

Indian power plants that use imported coal, such as those owned by Tata Power and Adani Power, stop operations when prices of fuel shipments rise.

The extension came as worries mount over shrinking coal stocks at power plants, where inventories fell in the first half of October at their fastest in two years.

(Reporting by Sarita Chaganti Singh; Editing by Clarence Fernandez)
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Centreimported coal power projectspower plants

First Published: Oct 25 2023 | 1:39 PM IST

Next Story