Business Standard

Captive power units turn to Russia as domestic coal supply fails to resume

Chennai-based India Cements has said that it has already imported two shipments of Russian coal due to shortage of domestic supply

(Photo: Bloomberg)
Premium

(Photo: Bloomberg)

Shine JacobShreya Jai Chennai/ New Delhi
Reeling from domestic coal shortage, captive power plants (CPP) have resorted to importing coal from Russia and shift to grid power.

Despite that, their condition is worsening as close to 30 per cent of the CPPs across the country are shut as they battle zero domestic supply for a year now. Most of them are unable to procure costlier imported coal.

Steel, cement, metals and allied industries build their own power plants (captive units) to cater to the energy demand during the manufacturing process.

Chennai-based India Cements has said that it has already imported two shipments of Russian coal due

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in