India is facing a severe coal shortage, which has stranded many power plants, which cannot be revived without secure fuel supply. The Centre has allowed states to import coal for their thermal plants because Coal India has not been able to meet its targets, leaving power plants stranded or short-supplied.
But imports don’t look viable for many power plants. The power sector will face fuel uncertainty for another two to three years. Read More
Latest posts by The Economic Times (see all)
- Petrol, diesel set to get dearer as global crude prices surge - February 19, 2019
- Coal-to-Gas Route Vital To Power India - February 19, 2019
- JSL Lifestyle launches first dedicated facility for Railways - February 18, 2019