Road Ahead for New TPPs in India
Millions of Indians are yet to see the light of the day, without electricity connection. Pace of demand growth is far behind that of supply. The fossil fuels are being relegated and renewable sources are inducted in a big way.
TPPs for Sale
Power sector seems to have seen hectic activity over the last three years - in terms of generation, transmission and distribution of power and efforts to create and bolster demand. However, with every addition of a megawatt in power generating capacity the problems of the sector got accentuated.
Strategists look for scale & operational optimisation in M&A
Strategic investors derive value by bringing in much valued technical and implementation capability. Strategists are more interested in a portfolio which gives them necessary scale and possible operational optimisation that can help them drive returns.
The country cannot do without conventional fuels
Following the Paris Agreement for environment, GoI has stopped permitting new boilers of smaller size less than 500 MW for public utility and is reluctant about giving permissions to refurbish old boilers of less than 500 MW capacity. This has affected the BTG market adversely.
Making coal-based power green
Indian cities suffer from one of the highest pollution levels in the world in regards to air quality. In fact, during the recent Diwali festivities, Delhi breathed in air polluted with particulate matter of up to 14 to 16 times the safe limits.
Making TPPs sustainable
The Ministry of Environment, Forest & Climate Change (MoEFCC) has notified the revised standards for coal-based Thermal Power Plants (TPPs) in the country in December 2015, with the primary aim of minimising pollution, in line with the country´s intent/commitments made at CoP21 at Paris last year.
Costs are involved, but they ultimately benefit
Economically, it involves some cost, but we have to link it to, what you have brought up, the social cost-benefit analysis. Health cost is for real. There is no that level of awareness in India, as to what the real health cost is. It includes hospitalisation cost, health cost, productivity cost, if you do not go to work etc.