Ipps

According to the letter, several IPPs which supply power to the state through Madhya Pradesh Power Management Company Ltd (MPPMCL) have been facing "arbitrary and discrimination action with regard to payment of capacity charges by MPPMCL".

Less dependence on imported coal credit positive for IPPs

Coal India, which accounts for 80 percent of domestic coal output, raised its production by 7 percent in the financial year ending March 31 2015, and by a further 9.4 percent in the first five months of the current financial year.

IIFL expects power sector to perform well over 6-12 months

"Power stocks are underperforming due to routine profit booking," says Harshavardhan Dole, analyst, IIFL in an interview to CNBC-TV18. Dole expects the power sector to perform well over the 6-12 months, as the sector heads into recovery.

Will pass on cost if we import coal: Coal India

Coal India chairman and managing director Narsing Rao told CNBC-TV18 that around 10 FSAs have been inked at the subsidiary and that the PSU would pass the cost incurred on the customer if there was need to import coal