New coal-fired power plants in India economically unviable: IEEFA report

08 Jun 2021 CW Team

The Institute for Energy Economics and Financial Analysis (IEEFA) has warned that much of India's 33 GW of coal-fired power capacity under construction and another 29 GW in the pre-construction stage will end up stranded.

According to a report, new coal-fired power plants being built in India will soon be "economically unviable".

The country has been continuing to back the high-polluting fossil fuels in spite of its ambitious renewable energy targets and global efforts to decrease emissions. The country is the third-highest emitter.

India's Central Electricity Authority (CEA) advises the government on technical matters related to the generation, transmission and distribution of electricity. Despite the headwinds facing the coal industry, it still projects the country would reach 267 GW of coal-fired capacity by 2030. But to accomplish that scale up by the end of the decade, the nation would need to add 58 GW of net new capacity additions or about 6.4 GW annually.

IEEFA claims that it is highly improbable for the CEA's projections to materialise provided the ongoing operational and financial stress in the Thermal Power Sector. It believes that India's coal capacity requirements must be revised urgently.

Image Source

Also read: Coal power plants to continue despite promises to curb pollution

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..