India has extended a mandate on imported coal-based power plants to operate at full capacity until October 15 to meet the anticipated high demand for electricity in the summer months, according to a government order seen by Reuters.
The order, dated April 12, invoked an emergency clause available to the government in directing the companies, including Tata Power and Adani Power, operating imported coal-fired plants with a capacity of nearly 16 gigawatts to continue operations. The order is not yet public. The plants were initially allowed to operate until June 30.
India has registered an 8% rise in electricity consumption in the financial year that ended last month, and demand is expected to rise in the hot summer months.
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.