JSW Energy gained 1.6 per cent on Monday. Increase in local gas prices is expected to benefit coal-based power producers.
JSW Energy gained 1.6 per cent on Monday. Increase in local gas prices is expected to benefit coal-based power producers.
Power plants based on imported coal charge tariffs that are around 20 per cent cheaper than gas plants, analysts estimated.
JSW Energy is estimated to operate nearly half of its capacity on imported coal.
Copyright: Thomson Reuters 2014
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