Tata Power Managing Director Anil Sardana

Tata Power Managing Director Anil Sardana

Pankaj Nangia/Bloomberg

“We just want cheap coal and there are several assets that are languishing after the shale gas boom in North America,” said Anil Sardana, managing director of Tata Power Co. “A lot of assets got abandoned because of the boom as existing buyers moved on to shale gas.”