Policy flipflop over coal import puts state, private gencos in a spot
Constant policy flips over coal imports has fazed stateowned power generating companies (gencos) and independent power producers (IPPs) with a cumulative capacity of 108 gigawatt. The Centre, on the one hand, is pressuring them into using imported coal — 5x costlier than domestic fuel. On the other, state governments are wary of paying for ...