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  • 27 Apr 2022
  • ICICI Securities

Assocham makes recommendations on power supply issue

News: Industry body Assocham has made a case for duty-free import of coal, greater availability of railways rake to transport the dry fuel and different rate of diesel for captive generators for dealing with power supply issue amid summer.

Views: This request has been made keeping in view the current electricity shortage across states in India, as 35 MW plants that operates on Imported coal, due to high imported coal prices those plants are producing only half of their capacity thus creating power shortage, High crude and CNG prices are also adding to the worries. 

Impact: Positive

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Government tweaks coal utilisation norms for private power producers

The Union power ministry on Friday said that it has allowed private power generating stations to secure coal supplies for up to three years instead of current norm of one year, a move that comes against the backdrop of rising demand for electricity. The ministry has tweaked the methodology for the use of coal, allocated to states, by Independent Power Producers (IPPs) wherein the timeline for the bidding process has also been reduced to 37 days from current 67 days.

25-Apr-2022 09:00