Tata Power Company, one of the main developers of India’s 4000 MW supercritical coal projects, has asked the government to help recover potential project losses caused by the rising price of Indonesian coal.

The company, which has coal assets in Indonesia, has told the government that the Southeast Asian nation’s plan to regulate exports of the fuel could double the cost of generating power at its Rupee170bn ($3.8bn) plant at Mundra in the western state of Gujarat, the people said, asking not to be identified because the matter isn’t public.

India has awarded contracts to build four of 16 planned coal-fired plants, each with a capacity of 4000 MW, to help reduce blackouts in the second-fastest major growing economy.

“Recently, Indonesia like other coal-exporting countries made amendments in conditions related to exports of coal from their shores,” Tata Power said yesterday in an e-mailed statement.

“We look forward to a discussion on how the issue of change in law in Indonesia regarding imported coal could be dealt with.”

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