Reeling from domestic coal shortage, captive power plants (CPP) have resorted to importing coal from Russia and shift to grid power.
Despite that, their condition is worsening as close to 30 per cent of the CPPs across the country are shut as they battle zero domestic supply for a year now. Most of them are unable to procure costlier imported coal.
Steel, cement, metals and allied industries build their own power plants (captive units) to cater to the energy demand during the manufacturing process.
Chennai-based India Cements has said that it has already imported two shipments of Russian coal due