Institutional equity investors have lost $3 billion on Indian coal companies since 2016

06 Feb, 2021

February 5, 2021: Leading Indian and institutional investors have cumulatively lost $3 billion / ₹ 22,900 cr. on underperforming companies with a high exposure to the coal sector since 2016, according to analysis (1) by...

Tamil Nadu can save 35,000 cr by shutting old coal, halting new construction & boosting RE

06 Feb, 2021

Chennai, February 5, 2021: Cash-strapped TANGEDCO and the Tamil Nadu state government can save 35,000 crores over five years through a combination of retiring 3.1 GW of old coal power plants, freezing expenditure on...

Retiring old coal plants, freezing new construction will yield 1.45 lac crores savings

03 Sept, 2020

According to a new report released today, shuttering old coal plants and freezing under construction plants can save over 1,45,000 crores ($19bn) as well improve the financial health of the rest of the coal fleet....