Step up coal imports for next three years: Power Minister

India’s power minister has told states to step up coal imports for the next three years, four sources told Reuters, reporting remarks that imply prolonged support for already elevated global prices for the fuel. The statement by Power Minister RK Singh puts a long timeline on a major policy reversal suggested this month, when the … Read more

We are capable of handling whatever the demand is: Power Minister RK Singh

Power Minister RK Singh on Thursday exuded confidence in meeting the country’s power demand ahead of peak summer and monsoon season. The Minister also noted that higher power consumption is reflective of India’s rising economic growth. “The great thing is that power demand has increased. It shows that the economy is growing at 9 per … Read more