India Drops Plan to Mandate Coal Imports for Power Plants
India abandoned the proposal as soaring international prices and a weaker rupee inflated costs. The government is prioritizing domestic production and faster rail transportation amid dwindling coal inventories and critically low power-plant reserves.
Dwindling coal inventories have pushed power plants towards critically low reserves, prompting the government to prioritise domestic production and faster rail transportationIndia has abandoned a proposal to mandate coal imports for power plants as surging international prices and a depreciating ru…