Change in coal export regulations by Indonesia and Australia has queered the pitch for Tata Power and Adani Power. But can India afford to forsake such huge assets built assiduously?
Our CdTe thin film PV modules deliver 5-9% higher yield
Most of the large IPP's, who plan to own the assets on a long term basis are our clients in India for PV modules. Our recent orders include projects being developed by Azure Power, Adani Power, Renew, Fortum, CESC, and Bhoruka Power.
Solar now cheaper than coal |IEEFA
The cancellation of 13.7GW of Indian coal power projects in May 2017, coupled with a record low solar tariff of Rs 2.44/Unit ($0.038/kWh), are the strongest indications yet that an energy transformation in India is gaining rapid momentum and global capital markets endorsement.
Cabinet clears coal linkage policy
In a long awaited relief for the thermal power sector, the Cabinet has approved ‘Shakti’ (acronym Scheme to Harness and Allocate Koyla (Coal) Transparently in India), a policy which aims to auction long-term coal linkages to power companies. The move is expected to revive 30 GW of power plants awaiting fuel supply, including those of Reliance Power, Adani Power, Lanco Infratech, GMR Energy, DB Power, CESC and KSK Energy.
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.
Coal demand will be fully met from domestic source in 5 yrs
In order to meet the coal demand in next five years, Coal India Ltd, the main coal producer, has an ambitious plan of increasing its production to one billon tonnes by FY2019-20. CIL's production is showing an increasing trend, having gone up from 494 Mt in FY15 to 554 Mt in FY17.