Indian electricity regulator revives compensatory facility for coal-importing power companies
The Indian electricity regulator has amended rules to revive an erstwhile window through which domestic thermal power generation companies were able to claim compensation for the additional costs of importing coal in the case that State-miner Coal India Limited’s (CIL’s) failed to meet supply obligations. The Central Electricity Regulatory Authority's move in effect revives the compensatory model available to domestic thermal power companies between 2013/14 and 2016/17 under which the companies were reimbursed higher costs incurred in importing coal to meet shortfalls in supply from CIL.