Shutting Down Old & Under-Construction Coal Projects Could Save ₹1.1 Trillion: Report
If projects that are officially under construction but stalled for various reasons are considered, savings can go up to approximately ₹1.55 trillion
September 9, 2020
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In India, shutting down 20-year or older coal-fired power projects and scrapping under-construction thermal power projects could save the government, power distribution utilities, and consumers almost ₹1.1 trillion (~$15 billion), environment consultancy firm, Climate Risk Horizons (CRH) has estimated in a recent report.