News > How dirty coal power is taking a beating

How dirty coal power is taking a beating

The Hindu Business Line | 09/01/2022 06:10 PM | Click to read full article

Coal is certainly on its way out with 326 GW of coal-fired power plants scrapped since 2015, and no announcements of new plants Finance is deserting coal.

Since 2015, 326 GW of proposed coal plants in India had to be canceled because financiers mainly public sector banks who earlier supported this sector are abandoning it.