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India plans to invoke emergency law to force imported coal-based utilities

India plans to evoke an emergency law next month which would force power plants running on imported coal to generate power, two government sources

Reuters NEW DELHI

India to invoke emergency law forcing imported coal-based utilities

1 min read Last Updated : Jan 30 2023 | 11:33 PM IST

By Sarita Chaganti Singh

NEW DELHI (Reuters) - India plans to evoke an emergency law next month which would force power plants running on imported coal to generate power, two government sources told Reuters on Monday, as it expects power demand to surge to record levels this summer.

Power ministry officials will work with those involved in debt restructuring of financially stressed idle plants to make them functional, the sources said.

(Writing by Sudarshan Varadhan; Editing by Toby Chopra)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Topics : power plants coal industry Indian Economy

First Published: Jan 30 2023 | 4:17 PM IST