India's coal projects in pipeline shrink by 25% in six months: Report

As per the country's National Electricity Plan of 2018, 94,000 Mw of new coal-fired capacity was to be added between 2017-18 and 2026-27

India’s pool of coal-fired power projects at the pre-construction stage has shrunk by 25 per cent, or 24,000 Mw, over the last six months, data by Global Coal Plant Tracker (GCPT) showed.

NTPC Ltd, the country’s biggest producer, is understood to have shelved 10,500 Mw of its planned coal-based generation projects. Project cancellations of coal-fired stations are happening swifter than expected, as doubts cloud their financial viability. Also, the country’s efforts to step up renewable energy installations have queered the pitch for coal-based expansion of power.

As per the country’s National Electricity Plan of 2018, 94,000 Mw of new coal-fired capacity was