India Delays Key Decision on Future of Coal Power Expansion
Market Intelligence Analysis
AI-PoweredIndia has delayed a decision on expanding its coal-fired power generation fleet beyond 2035, citing the need to secure its energy requirements. The country currently aims to have 307 GW of coal power capacity by 2035. A decision on future expansion is yet to be made.
Market impact analysis based on neutral sentiment with 69% confidence.
Article Context
India has not taken any decision about expanding its massive coal-fired power generation fleet beyond 2035, the country’s power ministry secretary, Pankaj Agarwal, told Reuters this weekend. “India wants to secure its energy requirements,” Agarwal told Reuters on the sidelines of an event, adding that as on 2035, India aims to have 307 gigawatts (GW) of coal power capacity. It would be “premature to say what we want to do beyond 2035,” the official said. Reports emerged last week that India’s…
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