Govt unlocks idling Tata, Adani power plants to calm prices on energy exchange

NEW DELHI: The government has allowed the Tata and Adani groups to sell electricity from idle capacity at their imported coal-based plants in Gujarat on energy exchanges for a month to check the spike in power prices triggered by coal shortage in 73 generation stations.

But even as the government is grappling with the crisis at power plants, aluminium manufacturers have joined the chorus on fuel shortage at their captive generation units. In letters to pertinent officials, the Aluminium Association of India has alleged “drastic curtailment” of the contracted supplies by Coal India Ltd – perhaps because they were being diverted to mainline generation stations.