India Considers Expanding Coal Power Fleet by 2047
Market Intelligence Analysis
AI-PoweredIndia is considering extending its coal-fired power plant capacity expansion deadline from 2035 to 2047, driven by a need for energy security, according to sources.
Market impact analysis based on bullish sentiment with 70% confidence.
Article Context
India’s authorities are considering a significant boost to coal-fired power plant capacity beyond the current 2035 peak coal expansion date and could continue building coal plants until at least 2047, Bloomberg reported on Friday, citing sources with knowledge of the plans. India’s Power Ministry and the policy making agency NITI Aayog are currently debating ditching the current 2035 deadline for continued coal power capacity expansion and extend it by at least 12 years, as India seeks to boost energy security. …
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