India Coal Price Boost Seen Raising Power Costs, Cutting Demand

  • Generation tariffs for power provider NTPC could rise by 5%
  • Cost increases could weaken power demand further: Deloitte

An increase in coal prices by India’s biggest producer will boost generation costs and could further reduce demand from cash-strapped regional power retailers already curtailing purchases because they can’t afford the cost of electricity.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.