Electricity charges for consumers on an average could go up by 60-70 paise per unit as the country imports coal at a premium to address the fuel inventory shortage at thermal power plants.
Addressing the 75th foundation day of Damodar Valley Corporation in the city, union power minister R.K Singh said that the government has no choice but to import coal at higher prices to prevent blackouts amid existing coal mining challenges in the country.
According to Central Electricity Authority Data, a total of 73 power plants had critical levels of coal stock as of July 6, 2022.