Rising coal prices hit power plants
KARACHI: The rising coal prices in the world market, coupled with the recent devaluation of the rupee, has disturbed the viability of coal-fired power plants, especially captive power plants (CPPs) which are run by individual industrial units.
According to industry sources, coal prices have increased up to $103 per tonne from $90 per tonne, reflecting a 14 per cent increase. The recent devaluation in the rupee price by over 10pc further made coal imports costlier, rendering power generation through coal costlier for coal-based CPPs.
Published in Dawn, 25th March, 2018