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CERC to restructure coal index

Coal & Mining
July 1, 2013July 1, 2013
CERC to restructure coal index
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The Central Electricity Regulatory Commission (CERC) proposed to restructure the coal price index followed in the country for making payments by power producers to coal imports. Currently, for payments for imported coal, CERC uses a composite index that considers Australian and South African coal. However, the commission wants to use a modified composite index which includes Indonesian coal prices, while computing the escalation rate for imported coal (for payment purposes).

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