Indian power plants should be compensated for importing coal: CERC

BENGALURU (Reuters) – Indian power plants that rely on imported coal should be fully compensated for supplying electricity demand under forced circumstances, the country’s power regulator said on Tuesday.

Power tariffs for imported coal-based plants should cover their costs as well as a “reasonable profit margin,” the Central Electricity Regulatory Commission (CERC) said in an order dated Jan. 3.