The Ministry of Power (MoP) on March 22, 2026, issued Directions to Imported Coal-Based generating companies under Section 11 of the Electricity Act, 2003.
The following has been stated: -
•The Ministry of Power has directed imported coal-based plants, including Coastal Gujarat Power Ltd., to operate at full capacity under Section 11 of the Electricity Act, 2003, to meet rising electricity demand.
•Power supply rates to PPA holders will be determined by a committee (MoP, CEA, NTPC), ensuring recovery of costs and a fair margin.
•Power will first be supplied to PPA holders, and any surplus or unscheduled power will be sold on power exchanges.
•Flexible provisions allow DISCOMs to opt for benchmark or negotiated tariffs, with strict payment security mechanisms like Letters of Credit or advance payments.
•Profits from power sold on exchanges will be shared 50:50 between generators and PPA holders.
•Weekly payments, coal stock maintenance, and reporting requirements are mandated, with penalties for non-compliance.
• This applies from April 01 to June 30, 2026.
The detailed notification is given in the document below.
[Notification No.: 23/13/2021-R&R (Pt-1)]
