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Imported coal to play major role

Imported coal to play major role

Lesser allocation of mines to steel, cement and captive power plants in the coal blocks auction may increase their dependence on costlier imported fuel, says rating agency ICRA.

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Captive power projects face  coal shortage

Captive power projects face coal shortage

Captive power plants are struggling to implement their expansion plan because of coal shortage.Jindal Power, which supplies power to Jindal Power and Steel (JSPL) wants to add another 2,400 mw non-captive capacity by 2015.Yet, it is unable to lock-in coal supply for even half of this capacity.