Institute for Energy Economics and Financial Analysis: New Coal-Fired Power Plants in India Will Be Economically Unviable
June 05, 2021
June 05, 2021
CLEVELAND, Ohio, June 5 (TNSRep) -- The Institute for Energy Economics and Financial Analysis issued the following news release:
Much of India's 33 gigawatts (GW) of coal-fired power capacity currently under construction and another 29GW in the preconstruction stage will end up stranded, according to a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA).
"Coal-fired power simply cannot compete with the ongoing cost reductions . . .
Much of India's 33 gigawatts (GW) of coal-fired power capacity currently under construction and another 29GW in the preconstruction stage will end up stranded, according to a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA).
"Coal-fired power simply cannot compete with the ongoing cost reductions . . .