New Delhi: Two-fifths of the world’s coal power stations, including in India, were already running at a loss, financial think-tank Carbon Tracker said in a first-of-its-kind study on Friday. It challenges the need for new coal generation and shows that it makes economic sense to close plants in line with[Read More…]
Tag: coal industry
Why has economy failed
The fate of coal industry in India is simply cursed with misfortunes. Even after 4 years of Apex court’s economically destructive order declaring 204 coal block allocations done since 1993 as illegal, the sector has still not revived to break the shackles of adversity it once got it hit with.[Read More…]