An estimated 40,000 MW of private power capacity is coming up over the next six years on coal linkages and blocks handed out to them for absolutely zilch by the Government, based almost entirely on a discretionary, point-based screening system.
What's ironical is that despite getting fuel linkages for free, nearly all of these projects will be selling the electricity generated by them in the market at commercial rates, thereby ensuring that the end-consumers do not stand to gain in terms of cheaper tariffs on account of the Government's largesse in terms of free coal.
Business Line : Today's Paper / OPINION : After 2G, it could be coal
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