Coal shortage a worry as power demand rises
Rising power demand has triggered coal shortage concerns in the power industry that say coal stocks at stations are not adding up at the required rate. Unprecedented prices of imported coal at $200 per tonne continue to burden domestic coal as dependent power stations are barely operating.
The maximum discovered price of power in the day-ahead market of Indian Energy Exchange for today touched the highest permitted limit of Rs 20 per unit, while the average stood at Rs 5 a unit. Sources said Gujarat and Maharashtra put together are buying 100 MUs power from the power exchanges.
