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India: Investors may shun thermal projects for solar energy

2016-03-21 09:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Economic Times: The private sector may be giving up on greenfield thermal power projects and looking to solar energy instead. Installation and generation costs have risen for thermal plants following an increased coal cess and stricter pollution norms, experts said, adding that are likely to go even higher. Also, there's uncertainty over coal availability and distribution companies are shying away from announcing power purchase agreements. That could put a dent in the country's plans for large thermal units. On...

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