|From the Editor's Desk
JSW Energy to bid for 4 mln tonne coal linkage in next round of coal auctions - To start coal blending up to 50% of requirement at Ratnagiri and Vijaynagar plants
JSW Energy, the Sajjan Jindal led company, is planning to bid for coal linkages to start coal blending at its two thermal power plants - Ratnagiri and Vijaynagar - to reduce the impact of higher coal imports.
JSW needs around 4 million tonne per annum (mtpa) of coal to blend for its over 2000 MW power plants which at full capacity consumes around 6.3 mtpa of coal. The company is expecting to increase the blending of coal initially to 50% and then gradually increase it to 70% of the total requirement.
The government has been nudging companies to bring down their coal imports to reduce the impact of custom duties and surcharges to save on import costs.
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