India’s new draft National Electricity Plan concludes India does not require any new coal-fired power stations and its energy minister says it must look beyond fossil fuels.
India’s coal power boosters are now confronting an increasing array of signals which suggest the diversification away from coal will only accelerate in 2017.
India’s power minister again calls on power generators to cease coal imports if the nation is to come good on “One Nation, One Grid, One Price” energy goal.
With about 72 million tonnes of coal stockpiled at mines and power stations,enough fuel for over 50 days operation – and power demand growth running lower than forecast.
India Government’s plan to dramatically expand coal power production is being buffeted by growing concern about worsening air quality, sluggish power demand.
According to GTM Research’s latest edition of its quarterly Global Solar Demand Monitor, global solar installations are expected to grow by 43 percent this year, increasing to a total of 73 gigawatts.
All eyes are on India this week, as President Obama is set to make an unprecedented second trip to meet with Prime Minister Narendra Modi.