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Shortages Loom: Coal India To Import Fuel For First Time In Years

By
OB Bureau

New Delhi: Coal India plans to import coal for the first time in years as shortages of the fossil fuel and power outages loom, according to a Reuters report.

Coal India will import the fuel for the first time since 2015, the report said, to avoid a repeat of April, when India faced widespread power cuts.

“Coal India would import coal for blending on government-to-government (G2G) basis and supply … to thermal power plants of state generators and independent power producers (IPPs),” the Power Ministry said in a letter dated May 28, according to the report.

India is expected to face a wider coal shortage during the third quarter of 2022.

OB Bureau

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