New coal blending order to raise discoms' cost by Rs 11,000 crore in first half of FY24: Report

The new directive issued on January 9 will see discoms shelling out an additional Rs 11,000 crore in their power purchase bills during the first half of the next fiscal. Now the government wants thermal power plants or gencos to increase the imported coal blending to 6 per cent, Crisil Market Intelligence & Analytics said in a note on Monday.

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