a win for EER and all aussie coalers - this is big news considering india has a coal shortage of about 200mtpa.
Power project developers allowed to pass on fuel cost to consumers
NEW DELHI: The power ministry has decided to allow power project developers to pass on the entire fuel cost to consumers, marking a change in the current tariff-based bidding system.
In changes to the bidding guidelines for power projects, the government has also decided to allow developers to tide over coal shortage through imports and spot market purchases and sell the costlier power in the open market.
http://economictimes.indiatimes.com/news/news-by-industry/energy/power/power-project-developers-allowed-to-pass-on-fuel-cost-to-consumers/articleshow/14832013.cms
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