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The Problem of Thermal Power Plants and Third Generation Coal Reforms India’s power demand touched a record high of 211MW even as the coal shortage continued with coal stock available only for eight days. The ongoing high coal prices are set to increase the input prices for independent power producers and power distribution companies. To bridge the gap between shortage in domestic supply and increase demand, power generating companies were directed to use imported coal for 10% of their requirement. How did India get here? India is the second-largest producer of coal with a reserve that could last up to…
08 May, 2022
Coal policy
Coal, and mineral reforms to help reduce imports Part of: GS-III- CULTURE (PT-MAINS-PERSONALITY TEST) The coal sector will get a boost as private parties can now bid for 50 blocks: CARE Ratings Finance Minister's structural reform measures in the coal and mining sector are expected to give a boost to private investments in the sector and reduce India’s reliance on imports. Analysis “Our assessment is that if it is implemented at the earliest, these much needed reforms will double these sectors’ contribution to the GDP,” “The introduction of competition, transparency and private sector participation in the coal sector will automatically…
17 May, 2020
Coal policy
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