Centre revokes mandatory coal import target after many flip-flops

NTPC and Coal India had awarded import contracts to Adani

In just three months of the Centre directing power generators (gencos) to “mandatorily” blend imported coal with the domestic variety, it has revoked the order, leaving it to them to ship in the commodity from abroad if need be.
 
This comes in the wake of a pushback from several states that said they will not pay higher tariffs on account of imported coal.
 
Uttar Pradesh and Maharashtra were leading this pack, Business Standard had reported.
 
Sector executives said blended coal led to power price increases of 50-70 paise per unit, which were borne by the customers.