Imported coal to push up power tariffs, discom cash gap: Icra

The power ministry’s directive on 10% blending of domestic coal with imported fuel for generating electricity to meet rising demand is expected to push up tariff by 4.5% and widen the cash gap of discoms (distribution companies) to 68 paise per unit from an earlier estimate of 50 paise, rating agency Icra said in a note on Tuesday.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/nwU3qWF