Reuters exclusively reported that private Indian firms have expressed interest in building at least 10 gigawatts (GW) of coal-fired power capacity over a decade, ending a six-year drought in significant private involvement in the sector.
Energy
Indian firms look to bet big on coal-fired power after long absence
05 March 2024, 1:03 pm 1 minute
Market Impact
The potential investments, which have not been previously reported, could cumulatively cost billions of dollars and demonstrate renewed appetite in an industry seen by many as financially unattractive. But they also threaten to undermine progress made by the world’s No.3 greenhouse gas emitter in weaning its economy off carbon.
Article Tags
Topics of Interest: Energy
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Asia
Countries: India
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
