India will explore foreign markets like Sri Lanka, Nepal and Bangladesh for its surplus power generation capacity, Power Minister R K Singh said today.
His comments assume significance as the average plant load factor or capacity utilisation in India is around 60 per cent.
“We can run our plants at 80 per cent PLF (plant load factor) but coal is a constraint. It does not make sense to import coal when we have sufficient coal underground. We need to build more railway lines to transport coal,” Singh said addressing a conference organised by NTPC.
He further said: “We need to explore foreign markets like Sri Lanka, Nepal and Bangladesh. Demand is there. We need to access that. They are short of power”. Read More…
Latest posts by Moneycontrol.com (see all)
- National highway to connect Kurukshetra to Mahendergarh - December 11, 2018
- Goa mining dependents launch protest in Delhi - December 11, 2018
- India’s coal imports rose 10% to 156 MT during April-November: Report - December 10, 2018