Energy transition a ₹62,000 crore opportunity for West Bengal: study
A report by think tank Climate Risk Horizons (CRH) suggests that West Bengal can save thousands of crores in the coming decade by moving away from coal and towards clean energy. The savings accrue thr...
Power from new Koradi units to be more costly than renewables
As Maharashtra plans a ₹10,625 Crore investment towards the addition of two 660 MW new coal units to the existing Koradi Power Plant- expected to start operating by 2029, a new analysis by think tank ...
India’s big banks not ready for unfolding climate crisis
India’s major banks remain unprepared to confront climate risks, according to new analysis by think tank Climate Risk Horizons. The report titled Still Unprepared builds on a 2022 assessment, and find...
Replacing coal power purchases with renewables can save Kerala ₹9,000 cr over 5 years en route to 100% RE by 2040
New analysis by think tank Climate Risk Horizons suggests that Kerala can save over ₹9000 cr over a 5 year period by replacing coal power purchases with renewable energy contracts. With Chief Minister...
Renewable energy transition can save Andhra Pradesh ₹76,000 CR
Andhra Pradesh can save over ₹76,000 CR in the coming decade by retiring old coal units as part of a planned energy transition, while still meeting the state’s growing energy requirements, according t...
Energy Transition Risk looms large for PFC/REC, must expedite clean energy lending to counter coal slump.
PFC and REC face stagnating growth and profit levels as the two NBFCs are failing to adapt to India’s ongoing energy transition, warns new analysis from think tank Climate Risk Horizons. The analysis ...
Clean savings: ₹5,700 Crore benefit for Maharashtra from repurposing old coal plants for clean energy
Mumbai, December 7th, 2022: Repurposing some of Maharashtra’s oldest and most expensive coal plants by using the land and some of the old coal infrastructure for clean energy and grid stability servic...
Achieving 2022 RE targets would have averted India’s April power crisis
New Delhi, May 20, 2022: The country could have averted the April power crisis if progress towards the 175 GW renewable energy goal had been on track, according to new analysis by think tank Climate R...
Udangudi Stage 1&2 projects will worsen Tamil Nadu finances, raise power tariffs
Chennai, December 15, 2021: Tamil Nadu could see a further deterioration of its fiscal situation if it proceeds with the Udangudi Stage I and II (formerly Uppur) projects, warns a new report from anal...
Energy transition is ₹75,000 cr. opportunity for Maharashtra
With Maharashtra’s state budget stretched thin by the Covid-19 pandemic, new analysis suggests significant savings opportunities in the state’s electricity generation sector – up to ₹ 16,000 crores ov...
Institutional equity investors have lost $3 billion on Indian coal companies since 2016
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...
Tamil Nadu can save 35,000 cr by shutting old coal, halting new construction & boosting RE
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...
Retiring old coal plants, freezing new construction will yield 1.45 lac crores savings
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 th...