India's power crisis to worsen further due to states' laxity on coal imports: Power Ministry - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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India's power crisis to worsen further due to states' laxity on coal imports: Power Ministry

Some states such as Rajasthan and Maharashtra have blamed coal scarcity for the power crisis. A senior Telangana official said imported coal prices at a record high level of about $288 a tonne (HBA Index) were out of reach for the state. An official in Karnataka said transportation of imported coal would require more railway rakes, a shortage of which is currently the main reason for lower inventories at power stations.

from Industry-Economic Times
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