The state-run THDCIL’s proposed Khurja coal power plant in Uttar Pradesh would not only push up the cost of electricity at a time when renewable energy options are cheaper but will also be a threat to Delhi’s air quality, a report said on Tuesday.
THDCIL, formerly known as Tehri Hydro Development Corporation Ltd, is a joint venture of the Central and Uttar Pradesh governments with a 75:25 equity sharing ratio.
Releasing the report titled “The Khurja Thermal Power Project: A Recipe for an Indian Stranded Asset”, the US-based the Institute for Energy Economics and Financial Analysis (IEEFA) recommended that the 1,320 MW proposal should be re-evaluated against severe air pollution levels in Delhi.
Also, the real threat of government financing wasted on another expensive stranded asset, increasingly cheaper renewable energy options and India’s ambitious sustainable energy goals.
The Khurja project entails an investment of Rs 12,676 crore. While the first unit is scheduled to be commissioned in November 2022, the second unit would go on steam in April 2023. Read More
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