Saturday, April 18

Tag: ESG compliance

India’s Energy Crossroads: Adani’s ₹10,500 Crore Investment Marks Coal’s Enduring Role
Power

India’s Energy Crossroads: Adani’s ₹10,500 Crore Investment Marks Coal’s Enduring Role

India’s clean energy ambitions face a pragmatic reckoning as Adani Power commits ₹10,500 crore to an 800 MW ultra-supercritical coal-fired power plant in Madhya Pradesh. The decision spots coal firmly at the heart of India’s energy security through the early 2030s despite lofty renewable targets. Scheduled for commissioning within 54 months, the plant will be built under a Design, Build, Finance, Own and Operate model in Anuppur district, sourcing coal under the government’s SHAKTI policy to ensure fuel availability. The tariff was competitively secured at ₹5.838 per kilowatt-hour. This investment aligns with government plans to add 88 GW of coal capacity by 2032—a 63% increase from earlier projections—placing India alongside China as one of the few countries still expanding thermal ...
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