In the past five years, coal power made up over two-thirds of capacity additions in India's generation, and currently accounts for more than 60 per cent of India's power capacity. According to the International Energy Agency (IEA), India's coal demand will see the biggest growth over the next five years, despite a global slowdown.

If you look at CLP’s Jhajjar thermal power plant, we started with raising debt in Rupee and subsequently raised foreign currency borrowing. As the operational performance of Jhajjar improved over a period of time, we looked at the debt capital markets.

Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for the solar sector in the second quarter (Q2) of 2016.

The recent positive developments have raised the hopes of revival of natural gas-based power sector in the country, where many plants were either closed or operating at lower than optimal levels.

Given the fact that a significant quantity of coal will continue to dominate India´s energy generation, energy efficiency becomes vital. As per the thumb rule: higher efficiency in the generation of electricity means, lower consumption of coal per unit of electricity generated.

Since the last few years, government policy and the environmental framework that grants concessions to operate a power plant have been clearly favouring supercritical or efficient and cleaner technology.

Our sector is one where you have long gestation periods and one can´t see results overnight. The last year has been a mixed bag; as they say, ´you win some, you lose some!´ Clearly, there have been positive initiatives from the new government, such as improvement in coal production, efforts to partially mitigate the problem of stranded gas-based generation, proposed changes in the Electricity Act, etc.

We at Power Today, in our annual endeavour, the Power 20:20 list, have recognised the players responsible for transforming the dynamics of this sector. As a knowledge partner for Power Today 20:20 and Power Today Awards, which is likely to take place in the month of November, this year, PricewaterhouseCoopers Pvt. Ltd has extended its knowledge base support in researching the companies based on various parameters, shared by us.

CLP India, a wholly owned subsidiary of CLP Holdings, is a leading investor-operator in the Asia Pacific. CLP entered the Indian market in 2002, with the acquisition of Paguthan CCPP (formerly Gujarat Paguthan Energy Corporation), a 655 MW gas-fired power station in Bharuch, Gujarat. Over the last decade, CLP India has built a responsible, technologically advanced and diversified portfolio of close to 3,000 MW.