India Changes Power Export Rules in Potential Gain for Adani
- Export-oriented power units may be allowed to sell in India
- Adani’s plant in Jharkhand exports all its power to Bangladesh
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India introduced new rules for electricity producers who export their power, allowing them to sell in the domestic market. The move could benefit Adani Power Ltd.’s plant, which exports electricity to Bangladesh.
Plants selling their entire power to India’s neighboring countries may be allowed a domestic grid connection in case of a consistent drop in offtake or payment defaults, according to the new rules published on the power ministry’s website.