Indian coal based power plants are the fifth most profitable globally


Indian coal based power plants are the fifth most profitable globally

Indian coal fired power plants are the fifth most profitable globally after South Korea. India is the third largest in terms of operational and under construction coal fired power plants after the US.

The most profitable power plants are from South Africa, followed by Australia and Indonesia. This data has been compiled by Carbon Tracker, a not-for-profit financial think tank researching on climate change.

According to the study, Indian coal fuelled power plants have a capacity-weighted average gross profitability of $13 MWh. South Korea is a close fourth at $15 per MWh. Read More

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