Stranded asset risk to drag net thermal capacity addition, says study

The report notes NTPC as the only power producer regularly to be able to access capital for the new thermal power project development

Faced with clear stranded asset risk and difficulty in accessing capital, the country's thermal power sector is projected to witness just 3,000 megawatt (Mw) net capacity addition annually in this financial year FY19 and through FY20.

The forecast by US-based Institute for Energy Economics & Financial Analysis (IEEFA) factors in 7,000 Mw of new plants commissioned and 4,000 Mw in end of life closures.

According to the IEEFA report, the country's thermal power capacity fell 1,100 Mw in the April-October period of the current financial year. The addition of 600 MW at the Mahan Super Thermal Power Project in Madhya