India's electricity generation rose by 16.1% in August compared with a year earlier, lifted by a 23.7% jump in coal-fired power generation that led to a coal shortage at utilities across the country
But the company will have to do a financial Houdini act meanwhile to make the markets keep faith in its long term story
This year seasonal factors have limited output of renewables, including hydro electricity, which are weather dependent, helping coal's share to rebound
Research by independent group warns against rise in respiratory diseases and economic loss if air pollution increases.
The proposed Green New Deal in the United States and the European Commission's European Green Deal have laudable environmental goals but are too inward-looking
From record low tariff for solar power in India to Joe Biden making climate change his core agenda, 2021 will mark events that will prove to be a good year for the climate
United Nations Secretary-General Antonio Guterres on Saturday called on all countries to stop building new coal power plants in his video message to the East Asia Summit 2020
Maharashtra is one of the five states that procure power from Tata Power's Mundra ultra mega power plant in Gujarat.
Fly ash is a powdery byproduct of burning pulverised coal
The Indian thermal generation sector has faced multitudes of problems this past decade
Coal generation fell for a fourth month in November, the longest such streak in government data going back to 2005.
A Global Energy Monitor report from January 2018 to June 2019 said countries outside of China decreased their total coal power capacity by 8.1 GW, while China increased its coal fleet by 42.9 GW
India has a phased plan for plants to comply with the emission norms
Says UP Power Corp Ltd and state discoms had already contracted for 'sufficient' thermal power with coal-fired plants to meet projected demand till 2026-27
Sector experts said the project cost would be around Rs 8 crore per unit resulting in tariff of Rs 5.5-6 per unit.
Coal burning also releases particulate matter, sulphur dioxide, nitrogen oxide and mercury -- thus damaging the health of many people around the world
A phase-out could save them billions, but would hit coal owners' profits
Around 6,685 coal power plants were analysed worldwide to study its financial condition and to understand its profitability
Nearly 40% of the country's coal-based capacity is unused because the core customers -- state-managed distribution companies -- struggle to increase purchases