The Russia-Ukraine military conflict, which has increased energy prices globally, will reduce the propensity to import coal by power plants and will further hamper the supply of fuel to captive power plants and industries like steel, aluminium from state-owned Coal India, ICPPA said on Friday.
According to the Indian Captive Power Producers Association (ICPPA), amid rising energy prices globally, electricity producers will pressurise the government for more domestic coal to fulfill their demand and this will adversely affect fuel supply to the non-power sector.
“This (Russia-Ukraine) crisis has increased energy prices globally and that reduces the propensity to import coal and coke.
