India tweaks rules for domestic sale of export-bound power; Adani to benefit

India’s power ministry has tweaked a regulation allowing domestic power plants to sell power back to India that was originally meant to be supplied to neighboring countries, a move that could benefit Adani Power — the only electricity exporter to Bangladesh via a single plant. According to a ministry notice seen by S&P Global Commodity Insights Aug. 14, amending guidelines…India’s power ministry has tweaked a regulation allowing domestic power plants to sell power back to India that was originally meant to be supplied to neighboring countries, a move that could benefit Adani Power — the only electricity exporter to Bangladesh via a single plant. According to a ministry notice seen by S&P Global Commodity Insights Aug. 14, amending guidelines…  Read More