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Rs 36,000 cr worth projects stranded on coal shortages

Rs 36,000 cr worth projects stranded on coal shortages
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Power projects worth over Rs 36,000 crore and having total generation capacity of 7,230 MW are stranded due to shortage of coal. Efforts are being made for supplying adequate coal to power projects, according to the government.

The 7,230 MW capacity is spread across 12 projects. According to the Union Power Minister Piyush Goyal, generation capacity of 42,480 MW commissioned after 2009 is presently entitled to only 65 per cent of their Letter of Assurance (LoA) commitment.

With regard to gas-based capacity, about 5,349 MW is ready for commissioning and is awaiting gas allocation. The Power Ministry has initiated certain steps including issuance of advisory to import the fuel. The cost of imported coal would be made a pass through on a case-to-case basis.

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