With India gearing up for massive power usage in the second quarter, the government will utilize an emergency law that will demand maximum output from power plants running on imported coal, Reuters reports, citing the Indian power ministry. The emergency law reflects a situation in which power plants running on more expensive imported coal are having a difficult time competing cost-effectively with plants that can operate on cheaper domestic coal.
Beginning on March 16 and ending on June 15, all power plants will have to be running at maximum capacity…India Invokes Maximum Energy Output Law from Coal Plants
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