Public sector energy generation major NTPC Limited has planned to invest almost Rs 10,300 crore in Greenfield power plants in Uttar Pradesh. These plants include a proposed 1,600 megawatt (Mw) (2×800) thermal power project at Shaktinagar
India’s thermal power sector has seen a turbulent 2018. While the industry continues to face challenges on all fronts — including drop in the price of renewable energy, shortage in coal supply and inability of State distribution
Policy changes by the government over the past few years have impacted cash flow in major infrastructure sectors including power, aviation and roads, research and ratings agency India Ratings has said.
Faced with clear stranded asset risk and difficulty in accessing capital, the country’s thermal power sector is projected to witness just 3,000 megawatt (Mw) net capacity addition annually in this financial year FY19 and through FY20.
The world’s leaders have come to recognise water and the climate as major global risks. However, significant actions to tackle them haven’t been taken, according to a new report by China Water Risk (CWR)
India has announced that it would extend a USD 310 million loan to Zimbabwe to finance a rehabilitation project for a thermal power plant that would entail upgrading the station and extending its lifespan.
Rating agency CRISIL believes that thermal power capacity additions may halve over the next five years on truant power purchase agreements, erratic coal supplies and rise in renewables.
Capacity addition in thermal power generation will slow down over the next five years to less than half the current pace, said ratings agency Crisil in a report.
The demand for thermal power has outpaced demand projections and coal production.
Faced with a slump in capacity utilisation due to the huge fall in sugarcane production, sugar mills in Tamil Nadu (TN) have said that the state government should allow them to utilise their plants to produce power using coal.