The government has directed all the power producers to continue importing 6% of their coal requirements until June 2024, as it expects power demand to hit a new high this summer. The weatherman too has forecast a “harsh” summer.
A notification to extend this mandate was issued by the Union power ministry on March 4. The ministry’s earlier mandate on coal import was to end this month.
In a recent note, the power minister has underscored that domestic coal availability would not be enough to meet the required demand.
