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India originally intended to force power plants to import coal to make up for continuously falling power plant inventories, but the proposal has now been put on hold due to higher shipping coal prices and higher import costs due to the depreciation of rupees driving up import costs. People familiar with the matter said that in recent weeks, the government has discussed a plan requiring power plants to mix imported coal with domestic coal to ease current supply constraints. Since the relevant discussions have not been made public, people familiar with the matter requested anonymity. However, due to high import costs, the proposal was put on hold. People familiar with the matter added that the policymakers instead requested the state-owned giant Indian Coal Company to increase production and coordinate railways to ensure that coal arrives at power plants in a timely manner.
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India originally intended to force power plants to import coal to make up for continuously falling power plant inventories, but the proposal has now been put on hold due to higher shipping coal prices and higher import costs due to the depreciation of rupees driving up import costs. People familiar with the matter said that in recent weeks, the government has discussed a plan requiring power plants to mix imported coal with domestic coal to ease current supply constraints. Since the relevant discussions have not been made public, people familiar with the matter requested anonymity. However, due to high import costs, the proposal was put on hold. People familiar with the matter added that the policymakers instead requested the state-owned giant Indian Coal Company to increase production and coordinate railways to ensure that coal arrives at power plants in a timely manner.
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