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India backs down from coal import targets for utilities, notice shows

New Delhi: India has relieved coal import targets for utilities, in step with a notice from the facility ministry reviewed by Reuters, setting aside a target for them to import 100 per cent of their coal wants and marking one more reversal in energy policy.

 

State government-run utilities and personal power producers ought to instead decide by themselves what quantity of coal they have to import, in step with the notice that was sent to the organisation and personal utilities on August one.

“It has been determined that states/independent power producers and Ministry of Coal might decide the mixing share when assessing domestic coal supply,” the facility ministry same.

 

 

Indian coal

The power ministry might have the same. It might cut domestic fuel provided to state government-run utilities if they didn’t import 100 percent of their coal wants for mixing with domestic coal.

 

That move followed 2 of India’s worst recent electricity crises, in Gregorian calendar month and April, that forced the central to reverse a long-standing policy of lowering coal imports.

 

 

 

In a separate notice to federal government-run NTPC Ltd(NTPC.NS) and DVC conjointly sent on August one, the facility ministry asked the businesses to lower their mixing percentages to five.

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