The cost of electricity generation in Haryana is set to escalate with the Haryana Power Generation Corporation Ltd (HPGCL) ordering purchase of about 9.04 lakh metric tonne (MT) imported coal to tide over the coal shortage.
The purchase of expensive imported coal is being done as the Union power ministry in April had advised the power generation companies to use imported coal for blending purposes to the extent of 10% instead of 4% to enable stocking of coal at power plants as per the revised stocking norms.
Imported coal to be bought at $189 per MT
“The HPGCL has accepted the bid of Mohit Minerals Ltd for supply of 9.04 lakh MT imported coal as the cost, insurance and freight (CIF) price of $189 per MT. About 4.30 lakh MT will be used for blending at Khedar thermal power plant in Hisar, 2.50 lakh MT at Panipat thermal power plant and 2.24 lakh MT at Yamunanagar thermal power plant,” said a power official.