Centre asks generating companies to reduce coal import, source domestic fuel
NEW DELHI: The Centre has asked generating companies, including NTPCNSE 5.38 %, Tata PowerNSE 1.93 %, Reliance PowerNSE 4.55 % to reduce the import of dry-fuel for blending purposes and replace it with domestic coal, an official said.
The development assumes significance in the wake of Prime Minister Narendra Modi yesterday giving directions to target thermal coal import substitution, particularly when a huge coal stock inventory is available in the country this year.
“All the generating companies (Gencos) who are importing coal for blending purposes may make best efforts to replace their imports with domestic coal,” an official said.
