Power Ministry asks CEA to compute coal consumption for power generation

The Power Ministry on Sunday directed the Central Electricity Authority of India (CEA) to compute the amount of the coal consumed, that was procured underneath SHAKTI B coverage mandating mixing of 10 per cent by weight for the power generation from June 15 to March 31, 2023.

This blended coal is equal to about 15 per cent of the home coal by way of energy.

“Shakti B (viii) (a) is the window for power crops having untied capability to bid for coal, to generate power utilizing this coal and promote it within the alternate underneath the Day Ahead Market (DAM) or the Discovery of Efficient Electricity Price (DEEP) portal for quick time period Power Purchase Agreement (PPA),” stated the Ministry of power in an official assertion.

This dedication of coal consumption through the stated interval will give a window of about three weeks for these crops to procure imported coal.

Considering the rising demand for electrical energy and the failure of satisfactory coal provide from home coal corporations, Power Ministry suggested all Gencos, together with unbiased power producers (IPPs), on April 28 to mix 10 per cent of imported coal for power generation to complement home coal provide.

(Only the headline and movie of this report might have been reworked by the Business Standard workers; the remainder of the content material is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has at all times strived laborious to present up-to-date info and commentary on developments which are of curiosity to you and have wider political and financial implications for the nation and the world. Your encouragement and fixed suggestions on how to enhance our providing have solely made our resolve and dedication to these beliefs stronger. Even throughout these troublesome occasions arising out of Covid-19, we proceed to stay dedicated to conserving you knowledgeable and up to date with credible information, authoritative views and incisive commentary on topical problems with relevance.

We, nonetheless, have a request.

As we battle the financial influence of the pandemic, we want your help much more, in order that we will proceed to give you extra high quality content material. Our subscription mannequin has seen an encouraging response from lots of you, who’ve subscribed to our on-line content material. More subscription to our on-line content material can solely assist us obtain the targets of providing you even higher and extra related content material. We imagine in free, honest and credible journalism. Your help via extra subscriptions may help us practise the journalism to which we’re dedicated.

Support high quality journalism and subscribe to Business Standard.

Digital Editor