Plant Cheyyur

IEEFA Research

IEEFA Report: India Clings to Questionable Ultra Mega Power Plant Plans

IEEFA Report: India Clings to Questionable Ultra Mega Power Plant Plans

Viability Issues Continue to Complicate New Coal-Fired Projects

We’ve published a report today noting that while India has undergone an admirable energy-policy shift over the past few years, it is clinging unwisely to plans to build two costly coal-fired Ultra Mega Power Plants. Our report—“India’s Questionable Ultra Mega Power Plans”— details how these UMPP projects stand in jarring contrast to better-advised initiatives that […]

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Cheyyur UMPP: Financial Plan Will Make Electricity Unaffordable

Cheyyur UMPP: Financial Plan Will Make Electricity Unaffordable

Cheyyur UMPP: Financial Plan Will Make Electricity Unaffordable By Tom Sanzillo, Director of Finance, Institute for Energy Economics and Financial Analysis With inputs from Jai Sharda, Equitorials

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More News and Commentary

On the Blogs: India Turns Purposefully Away From Coal

CircleofBlue.org: At the frontlines, the global pivot away from coal has been much swifter than almost anybody predicted. China, the world’s largest coal producer and consumer, has cancelled 300 coal-fired power plants in the last two years. In the United States, the world’s second-largest producer, coal production fell to 739 million tons last year, down […]

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On the Blogs: India’s Over-Commitment to Ultra Mega Power Plants

From AsianPower.com: India’s grand plans for its ultra mega power project has come against another hurdle as bidding guidelines have been further delayed. Institute for Energy Economics and Financial Analysis energy-markets consultant Jai Sharda said that in the latest development around the already much-delayed bidding guidelines for new Ultra Mega Power Plants, the Indian Ministry […]

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IEEFA Asia: Latest Setback for India Ultra Mega Power Project Is Probably All for the Best

In the latest development around the already much-delayed bidding guidelines for new Ultra Mega Power Plants, the Indian Ministry of Environment and Forests says it will allow the imported-coal-fired projects to proceed only if the project developers sign what are ultimately impractical memorandums of understanding with coal suppliers. As the Economic Times of India Reports: […]

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IEEFA Update: A Snapshot Map of the Global Energy Transition


IEEFA Update: A Snapshot Map of the Global Energy Transition


Momentum in the Face of Resistance by the Forces of the Status Quo

The snapshot map of the world here shows in a handful of new anecdotal markers the global transition to a new electricity-generation economy gaining ground even as status-quo interests dig in, so to speak.   The fight for “self-bonding,” the coal-industry promise to set aside ample funds for cleanup costs, grows weaker with word last week that the […]

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IEEFA Report: India Clings to Questionable Ultra Mega Power Plant Plans

IEEFA Report: India Clings to Questionable Ultra Mega Power Plant Plans

Viability Issues Continue to Complicate New Coal-Fired Projects

We’ve published a report today noting that while India has undergone an admirable energy-policy shift over the past few years, it is clinging unwisely to plans to build two costly coal-fired Ultra Mega Power Plants. Our report—“India’s Questionable Ultra Mega Power Plans”— details how these UMPP projects stand in jarring contrast to better-advised initiatives that […]

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IEEFA Study: India’s UMPP Program Too Costly

From the Financial Express (New Delhi): The proposed 4,000 MW ultra mega power project (UMPP) in Tamil Nadu’s Cheyyur is likely to be a non-starter in view of tariff risk, a report says. According to the report by the Institute for Energy Economics and Financial Analysis (IEEFA), “The 4,000 MW coal-fired Cheyyur UMPP is likely […]

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IEEFA Report Questions India Commitment to Expensive Coal-Fired Ultra Mega Power Plants

Viability of UMPP Projects at Bhedabahal, Odisha, and Cheyyur, Tamil Nadu, at Issue as Energy Markets Evolve, New Risks Emerge

Aug. 3 2016 (IEEFA.org) — The Institute for Energy Economics and Financial Analysis published a report today detailing growing risk around India’s expensive coal-fired Ultra Mega Power Plant (UMPP) program. The report—“India’s Questionable Ultra Mega Power Plans: Viability Issues Continue to Complicate New Coal-Fired Projects”—argues that while India has made important energy-policy strides over the […]

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Sunrise, Sunset

What’s up: Solar. What’s down: Coal.

If you follow this blog you already know the storyline on coal. Lost market share and severely depressed values. One headline put it gently last week: “No Near-Term Positive Catalysts.” Another was more blunt: “Run Screaming from the Coal Stock Bloodbath.” Peabody added to the woe with a distressed-asset sale announcement saying that it had sold […]

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Investors Flap Their Wings, Coal Industry Shudders

Power-Plant Skepticism in India; Regulatory Darkness in Alabama; Kemper on the Hot Seat; a Mickey Mouse Solar Park

The “butterfly effect” comes to mind on seeing what coal-industry executives must have perceived as an unnerving headline yesterday in Business Insider Australia, “A Chill Wind From Norway.”  The article, by Greg McKenna, follows up on news out of Oslo on Wednesday that Norwegian lawmakers have agreed to require the country’s gargantuan pension fund to […]

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Doubts Raised by Indian Press on Cheyyur Project

IEEFA’s report on financial questions about a proposed coal-fired project in Tamil Nadu gets wide coverage this week in the Indian press. From the national section of The Hindu: Experts say price of electricity from the 4,000-MW project will be five times higher than the tariff at other ultra mega power plants. The proposed 4,000-MW […]

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