The Report on Optimal Generation Capacity Mix for 2029-30, released by the Ministry last week, also says that between now and 2030, India will build 26,900 MW of coal power plants Putting up a new coal-fired thermal power plant will cost ₹8.34 crore a MW, says a recent Power Ministry Report. The figure has been […]
Coronavirus risks future of India’s coal-fired power plants: IEEFA
NEW DELHI: The coronavirus pandemic and subsequent nationwide lockdown have highlighted the growing financial risks to India’s coal-fired power plant sector, a technology being replaced by new, cheaper, and cleaner renewable energy, an IEEFA note said on Monday. Entitled ‘Who Would Still Fund a New Coal Power Plant in India?’, the note said renewable energy […]
Why India should turn the page on its coal future
India’s support to coal artificially prolongs the life of a sector that is too costly — financially, for health and for the climate India’s coal story is long and complex. It spans across the political, economical and environmental canvases of the country. However, new times call for new thinking. With record capacity additions and investments […]