India asks power companies to order $33bn worth equipment to accelerate coal-fired capacity addition amid increased electricity demand.
India has asked power companies to order equipment worth $33 billion this year to accelerate the addition of coal-fired power capacity, struggling to meet increased electricity demand. The government's move could result in record tendering for equipment in a year for major power firms and private companies. This initiative aims to add 31 gigawatts of power in the next 5-6 years, according to sources.
July 03, 2024
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