Guest Commentary: Abhinav Jindal
Abhinav Jindal is a PhD Scholar in Economics at Indian Institute of Management, Indore and is working as Senior Manager (Commercial), NTPC Ltd. He was over 16 years’ experience in various areas related with economic and commercial related aspects of Indian power sector. He is a recipient of Karamveer Chakra Puraskar 2012 and REX Karamveer Fellowship 2012.
IEEFA: Repurposing coal plants into solar and battery can pay up to 5 times more than decommissioning
An economic proposition for coal dominant developing countries
Worldwide, coal plants are grappling with environmental issues and low capacity utilization levels. They have not only become unprofitable to utilities, they are also uneconomical to customers. While retiring end-of-life coal plants can overall be very beneficial, and indeed necessary as finance continues to exit the fossil fuel sector driven by the global energy transition, […]
IEEFA: India may face unbudgeted energy transition risk of nearly $9 billion
Fault lines revealed in coal-dominated state Indian enterprises’ response to energy transition risk
India is at the forefront of new global energy trends with renewable energy generation continuing to replace coal-based power. Since 2017, renewable energy has outpaced coal capacity additions by more than two to one (Figure 1). This trend is expected to continue going forward to expand to almost 100% of net new capacity as and […]