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    HomeNewsBusinessCompaniesCoal price pooling: Broad consensus on strategy

    Coal price pooling: Broad consensus on strategy

    After several rounds of discussions, some consensus has finally emerged on coal price pooling strategy for the power sector.

    July 11, 2012 / 20:11 IST

    After several rounds of discussions, some consensus has finally emerged on coal price pooling strategy for the power sector.

    A broad consensus may have been arrived on pooling of prices on coal imports, to meet the deficit of fuel supply to the power plants in the country.

    According to the sources in the government, Central Electricity Authority or CEA will prepare the list of plants for pooling prices of imported coal at GCV or gross caloric value parity price.

    This will be an interim measure for three-four years and will have an impact of six-seven paise per unit in terms of power tariff.

    Sources indicated, power ministry has sent its missive Prime Miniter's Office and has sought intervention on the issue.

    first published: Jul 11, 2012 08:08 pm

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