Rising Coal Costs Raise Credit Risks for Coal Power Projects

Coal Power Loses Its Luster in India as Costs Rise The Association of Power Producers, which represents more than 20 private power companies in India, recently estimated that more than 50 power projects accounting for 68,000 megawatts of capacity were at the risk of financial default.

Cheap Coal Is Dead. Long Live Renewables.

Sierra Club’s Carl Pope busts myths about cheap coal. Serra Power’s savvy customers already see through the spiraling costs of coal-based grid power. Many have invested and more are investing in exactly the kind of rooftop solar he is prescribing below. Some are smack in the middle of India’s coal and thermal power heartland. As […]

India’s trend of new coal plants going “Dead Cold” continues… gas supplies no better

Coal India’s failure to meet demand stalls $36 Billion of investments intended for new thermal plant – Bloomberg The company completed a 1,320-megawatt coal plant in Haryana state in April. The facility is “dead cold” for lack of coal supplies, Naveen Munjal, director of business development, said in an interview. Its 655-megawatt gas-fired plant in […]

India is NOT China, whether flouting environment concerns or executing mega infrastructure projects

India Struggles to Deliver Enough Electricity for Growth – NYTimes.com Two years ago, more than two dozen large power projects were planned near the company’s workshop, but most of them have been scrapped or put off because India cannot dig up enough coal to fuel them.

India’s CERC forecasts 15-20% YoY tariff hikes for conventional power

Given surging demand for electricity and scarcity of coal, the mainstay fuel for India’s traditional sources of power generation, this was bound to happen. Will consumers face a 20% hike in power tariffs every year? | Firstpost The Central Electricity Regulatory Authority (CERC) has said consumers should prepare for a 15-20 percent increase in power […]

Indian power minister seeks to confront coal shortage with renewables

India’s power minister calls for thrust in hydro, solar energy to tide over coal shortage « Panchabuta – Cleantech & Renewable Energy in India The mismatch is expected to widen the gap between the country’s demand and supply of energy, with coal imports meeting nearly a third of demand after five years. Whereas coal will […]

Real Cost of Coal-based Electricity is Much Higher

Natural gas and the environment: So much nicer than coal | The Economist if the damage to human health and the local environment by such pollution were factored into energy costs, the price of a kilowatt hour from an American coal-fired power station would more than double. We updated our internal costing models for coal-generated […]

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