High Indonesian Coal prices to hit margins: Adani Power

Rise in prices of Indonesian Coal might hit margins, said Adani
Power's chief executive officer on Tuesday.

Ravi Sharma earlier said the company would put a hold on the
capacity expansion projects of 6,500 MW due to lack of clarity on coal
supplies.

India holds 10 percent of the world's coal reserves, but
power companies have struggled to access local supplies due to environmental
and land acquisition delays, forcing expensive imports from Indonesia and
Australia.