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OK, people please relax. 1. This is a draft policy. 2. Which hasn't even been released, so we can't see the context in which it says this. 3. Article itself sa
by shash 5y ago
OK, people please relax.
1. This is a draft policy.
2. Which hasn't even been released, so we can't see the context in which it says this.
3. Article itself says "State-run NTPC Ltd (NTPC.NS), India's top electricity producer, said in September it will not acquire land for new coal-fired projects. Private firms and many run by states across the country have not invested in new coal-fired plants for years saying they were not economically viable.", so at best this is a policy saying "we are open to building coal if necessary".
4. "While suggesting flexible use of coal-fired and natural gas-fired power to ensure grid stability in the coming years, the draft policy lists promoting clean power as its primary objective."
Any case, coal is kind of expensive for India - we don't have any good Anthracite, so we import most of it. What we do have is Lignite which is less efficient and therefore more expensive to run. We haven't built new coal in years, and the last series of coal plants got mostly halted in court cases, or were shelved because they were not going to meet their targets.
Anyway, when they release the actual document, we can see what they're saying...