Monday, March 14,
Increase in coal prices by 150% of A and B grade of Coal India has put companies in dilemma.* On the other hand State-run NTPC is positive that its generation cost remains intact with this recent price hike.
Arup Roy Choudhary, CMD of the company said, “We use E, F grades of coal and not A and B. I don’t think there is going to be any effect on our generation cost of the power.”
Unsought news is that rise seen in International coal price might leave negative impact on NTPC as Choudhary point up that the company is blending about 15% of international coal into the system. “But that gives a rise to the cost of ultimate power of Rs 0.30 which sometimes creates a problem for our state electricity board to absorb the increase.
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