(EnergyAsia, February 15 2012, Wednesday) — Adani Power’s first quarterly loss reflects the growing threat of increasingly scarce and costly coal supply to India’s power-short economy. With coal generating more than 60% of the country’s electricity, the Indian economy has been held back by worsening power outages and brown-outs as utilities are forced to reduce…
INDIA: Adani Power reels from high coal prices, freezes 6,500 MW expansion plan
Posted on February 15, 2012 by EnergyAsia