by S. Singh, Jan 30, 2023 in Reuters
NEW DELHI, Jan 30 (Reuters) – India plans to use an emergency law next month to force power plants that run on imported coal to maximise output, two government sources told Reuters on Monday, in preparation for expected record consumption this summer.
Many Indian coal-fired plants, including those those owned by Adani Power (ADAN.NS) and Tata Power (TTPW.NS) in India’s western Gujarat state, have not operated at full capacity in the recent years because they have found it difficult to compete with power generated from cheap domestic coal.