Bid to cut electricity costs, import reliance: Talks on to get local coal power up plants
imported coal to use cheaper domestic supplies to help reduce electricity costs while lowering the dependence on overseas sources, said people aware of the matter.
India has 15 power plants that use imported coal, including Tata Power’s Coastal Power Gujarat, Adani Power Mundra Ltd, Essar Power Gujarat, and JSW Ratnagiri.
A reduction in coal imports will enhance energy security as well. The matter was discussed at a meeting between senior officials of the coal and power ministries this week, said the people cited above.
The domestic availability and cost of high-grade coal, the impact on the cost of generation, and the readiness of such plants to change fuel are some of the issues being thrashed out, said one of the persons.
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