Author Archive: Shantanu Srivastava

Energy Finance Analyst Shantanu Srivastava is experienced with corporate finance and strategy, working with clients in North America and the Middle East. A CFA Charter holder, he has an MBA in finance from IMT Hyderabad and an engineering degree from NMIMS University.

IEEFA: Orsted’s transition provides key insights for India’s public utilities and renewable energy companies

Orsted transitioned from a coal intensive utility to a global renewable energy leader creating immense shareholder wealth

17 September 2021 (IEEFA India): Orsted, the once Danish state-owned utility, transitioned from being one of the most coal-intensive utilities in Europe to a global leader in offshore wind energy. A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) charts Orsted’s energy transition journey and provides key insights for India’s massive […]

IEEFA India: Exiting old coal power purchase agreements could save electricity distributors over US$7 billion per year

Allowing distributors to leave end-of-tenure PPAs will accelerate retirement of ageing coal plants

The decision by India’s central power regulator to allow BSES, Delhi’s largest electricity distribution company (discom), to exit a 25-year-old power purchase agreement (PPA) with NTPC’s Dadri-I power plant potentially opens the floodgates to the relinquishment of end-of-tenure thermal PPAs. This is a welcome move that could accelerate the closure of old, inefficient coal power […]