Amid a worsening power shortage in the country, several state power regulators including those in Karnataka, Tamil Nadu, Gujarat and Maharashtra have either invoked or will soon use a contingency clause to step up power supplies by allowing pass-through of higher fuel costs. Other states too may announce similar plans in the coming days as their peak power shortages tend to rise. Besides, a few states including Maharashtra and Tamil Nadu are signing new short-term power purchase agreements with private power units to tide over the crisis. Central to the plan is allowing pass-through of fuel costs by imported coal-based units, including some under the insolvency resolution process. The Centre also asked power producers owned by it namely NTPC and DVC and even state-sector generating stations to resort to a fuel mix with 10% imported coal \u2013 as against of 4% now \u2013 to boost generation. These state-run gencos may also be given the facility to recoup at least part of the inflated fuel costs via tariff increases, sources said. <\/p>\n
The moves come as power shortage in the country recently crossed the threshold of 100 million units (MU) a day and is threatening to rise to more precarious levels. Out of 173 pit head\/non pit-head power plants in the country, 81 were operating with coal stocks of less than 7 days, on April 18. This means their fuel stocks are barely 25% of the normative requirement.<\/p>\n","protected":false},"excerpt":{"rendered":"
Amid a worsening power shortage in the country, several state power regulators including those in Karnataka, Tamil Nadu, Gujarat and Maharashtra have either invoked or will soon use a contingency clause to step up power supplies by allowing pass-through of higher fuel costs. Other states too may announce similar plans in the coming days as their peak power shortages tend to rise. Besides, a few states including Maharashtra and Tamil Nadu are signing new short-term power purchase agreements with private power units to tide over the crisis. Central to the plan is allowing pass-through of fuel costs by imported coal-based […]<\/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-485487","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\/485487","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=485487"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/485487\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=485487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=485487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=485487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}