Coal-fired power is losing ‘unfair fight’ in India to renewables: Russell

Financial Post | Feb 20, 2020 at 1:01 PM
  • Coal-fired power in India is being increasingly priced out of the market by cheaper renewables such as solar.
  • The numbers definitely support the view that coal power generation is struggling in India, and that several newly-built plants run the risk of becoming stranded assets.
  • If this is applied to India and power generation, it’s clear that the money has abandoned coal for renewables.