Such a situation will mean "many of them will face financial hardships which could even threaten the existence of their business."
India has a phased plan for plants to comply with the emission norms
The Central Electricity Authority then chalked out at detailed plan to retrofit old thermal plants across the country
The total cost of implementing these retrofits could be in the order of Rs 750 billion
The country will be switching over to 100% BS-IV or Euro-VI emission norms by April, 2017
Siam says certain draft guidelines not in line with Euro-VI standards
Centre seeks suggestions or objections, if any, on the norms within a month