ID :
125532
Wed, 06/02/2010 - 07:53
Auther :

COAL 2LST

"Import price parity will increase the price of power
significantly. Almost 65-75 per cent of cost of generation is
because of coal. Cost of fuel is pass through. If it goes up
it will be passed to the consumers. If in case it is not
passed on then the subsidy would rise," Ernst & Young
Executive Director (Business Advisory), Arun Shrivastava said.
State-owned CIL, which meets over 80 per cent dry fuel
requirement of the country, produced 431.5 million tonnes of
coal in the last fiscal. Still the demand-supply gap in the
country is pegged at around 100 million tonnes. PTI

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