Adani Power today reported 71.72 percent plunge in consolidated net profit for the quarter ended March 31, 2015, to Rs 715.05 crore due to decline in sales.
The government is planning to start a coal banking system, wherein surplus coal wherein end user plants are not working, will be used by Coal India to cater to other operational end users facing fuel shortage.
Private power producers are worried over the rising coal deficit and are sounding the warning bells over the fate of as much as 21,000 mw of planned capacity addition in the current fiscal. CNBC-TV18's Mehak Kasbekar delves deeper to know why the power producers are breaking into a cold sweat.