India Seeks to Modernize Coal Plants by Halting Renovations
- Regulators will be asked to stop approving old plant repairs
- About 12% of power comes from plants more than 25-years old
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India is seeking to modernize its thermal coal plants by asking regulators to stop approving repair and maintenance of plants older than 25 years, the nation’s coal and power minister Piyush Goyal said.
Fresh spending in old generators delay replacement with new so called super-critical plants because companies want to recoup the investments, he said.