11 months ago

India's Private Coal Power Firms Seek Easing of China Equipment Curbs

India's Private Coal Power Firms Seek Easing of China Equipment Curbs
Private coal power firms urge easing of China equipment curbs, sources say · thehindubusinessline.com

India's private companies that generate power from coal want to buy equipment from China.

The government currently requires them to use equipment made in India to support local manufacturing.

These companies say the Indian-made equipment is too expensive and not available quickly enough.

They've asked the government to let them import from China, which could make projects much cheaper.

Around 22 GW of private coal projects are stalled or may not start due to financial stress.

Allowing imports could solve these problems and help expand coal power production.

The government is currently considering this request.

Key facts

Main Players
Private coal power producers, Indian government
Action
Private firms urge to allow equipment imports from China
Mandate
"Make in India" initiative
Association
Association of Power Producers
Cost Reduction
Potential 50% reduction in project costs
Capacity Expansion Plan
Adding 97 GW of coal capacity by 2035

Quotes

The Association of Power Producers

The organization that represents private coal-based power developers

“Domestic vendors are unable to offer timelines for completion of projects by 2030 at competitive prices”
thehindubusinessline.com

Sources

Related news