As India switches away from a coal-based to a more sustainable energy use pattern, which pathway will it adopt? What is the nature of challenges that it will face, and who will be affected? Who will gain?

The bidder should have executed contracts on engineering, procurement and construction (EPC) basis for at least one (1) no.

In 2023, India’s power companies and the Ministry of Environment, Forest and Climate Change’s Expert Appraisal Committee have ushered in a new coal permitting spree, the latest briefing from the Global Energy Monitor (GEM) and the Centre for Research on Energy and Clean Air (CREA) reveals.

Coal markets, like those for oil and natural gas, have experienced a turbulent three years as a result of the pandemic and Russia’s invasion of Ukraine, which triggered the first truly global energy crisis. In 2023, coal markets have so far been less volatile, though more turmoil could lie ahead.

The R&M of old thermal units are cheaper and cost effective solution in comparison with new addition of thermal capacity for meeting the surging demand in the country along with the challenges posed by integration of high level of non-fossil fuel capacity by 2030.

In its latest report, IEEFA has found that globally significant financial institutions (FIs) are committing to divesting away from coal at a quicker rate as climate change becomes a priority globally.