{"id":271121,"date":"2019-04-25T06:40:02","date_gmt":"2019-04-25T06:40:02","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=271121"},"modified":"2019-04-25T06:40:02","modified_gmt":"2019-04-25T06:40:02","slug":"power-producers-protest-rise-in-coal-auction-prices","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/power-producers-protest-rise-in-coal-auction-prices\/","title":{"rendered":"Power producers protest rise in coal auction prices"},"content":{"rendered":"<p>Electricity generators are worried that the \u2018arbitrary increase\u2019 in prices of coal allocated to the power sector through \u2018e-auctions\u2019 would raise electricity prices, and, in turn, deepen the crisis of stressed power projects, as distribution companies would not source electricity from these plants at higher costs.<\/p>\n<p>Major stressed power plants which procure the fuel through e-auction and are likely to be adversely impacted by price rise are 1,200 MW Essar Mahan, 1,320 MW Jaypee Nigrie, 1,050 MW GMR Kamalanga and 1,200 MW DB Power Bardhara unit.<\/p>\n<p>In a letter written to coal secretary Sumanta Chaudhuri, the Association of Power Producers (APP) complained that various subsidiaries of Coal India (CIL) have \u201csuddenly and unilaterally\u201d increased floor prices (reserve price) at which the auctions begin. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Electricity generators are worried that the \u2018arbitrary increase\u2019 in prices of coal allocated to the power sector through \u2018e-auctions\u2019 would raise electricity prices, and, in turn, deepen the crisis of stressed power projects, as distribution companies would not source electricity from these plants at higher costs. Major stressed power plants which procure the fuel through e-auction and are likely to be adversely impacted by price rise are 1,200 MW Essar Mahan, 1,320 MW Jaypee Nigrie, 1,050 MW GMR Kamalanga and 1,200 MW DB Power Bardhara unit. In a letter written to coal secretary Sumanta Chaudhuri, the Association of Power Producers [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-271121","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/271121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=271121"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/271121\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=271121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=271121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=271121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}