India has the fourth largest coal reserves in the world. It is the second largest producer of fossil fuels after China and home to the world’s largest coal mine, Coal India, which accounts for 80% of the country’s GDP. The minable capacity of coal blocks already allocated is about 15% to 20% higher than the …
NEW DELHI: The Energy Ministry’s directive on blending 10% of domestic coal with imported fuel for power generation to meet rising demand is expected to raise the tariff by 4.5% and widen the cash gap in disruptions (distribution firms) to 68 pounds per unit of the Icra rating agency said in a statement. Tuesday’s note …
Imported coal to increase energy tariffs and disrupt the cash gap: Icra – Times of India Read More »
Indian electricity giant NTPC Ltd. to expand its coal-fired power fleet with its first new project in six years, a policy shift that reflects concern about the country’s deepening energy crisis. New Delhi-based NTPC will this month award a contract to build a 1,320-megawatt plant in Odisha, according to a company official familiar with the …
Energy giant NTPC rushes into coal as India’s energy crisis deepens – Business Standard Read More »
