New coal washing norm to set prices on fire
Pranbihanga Borpuzari Coal prices will go up by Rs 300-400 per tonne, as the government has made it mandatory for all coal produced in the country to be washed by the producers. The higher price would mean more input costs for thermal power Companies and the railways. This is expected to add to the price of electricity. This follows the government's decision to make it mandatory for all coal produced in the country to be washed, will now mean spending about Rs 1,500 crore to wash coal and about Rs 4,000-6,000 crore to set up such washeries.