Efforts in India to close old coal plants have gathered pace amid rising outcry against air pollution and deepening concerns over climate change
As on April 30, Indian discoms owed over Rs 1 lakh crore ($13.65 billion) to power generation companies, according to the Ministry of Power data
Replacing scheduled generation from these old plants with cheaper electricity, either from new renewables or from the market, would save another Rs 7,000 crore annually
In a gazette notification on Thursday, the ministry amended the Environment Protection Act to drop mandatorily washing coal for supply to thermal power plants.
The end of coal - and oil, and gas - isn't quite here yet. But the energy industry appears to be betting that it's coming soon
More than 80% of the country's coal is produced by Coal India Ltd, which operates under the Ministry of Coal
To date, 77% of this new capacity has been cancelled