Phase-Down Mode: Approval for Only 1 Coal-Power Plant in 2021 India News – Times of India

New Delhi: India opted for a ‘phase-down’ instead of phasing out coal during the Glasgow Climate Summit last year, and it is right in the country’s move to approve new coal-fired power plants in 2021. The meaning was reflected when he gave. The green light for only one such plant – at least since joining more than 195 other countries in ratifying the Paris Agreement on climate change in 2015.
An analysis of environmental clearances (ECs) granted to ‘non-captive’ coal-fired power plants over the past seven years, environmental research group Forests and Legal Initiatives for the Environment (Life), shows that country.

Five plants were given green signal in 2015, which increased to nine in 2017, but finally came down to one last year. It also reflects a steady decline in capacity addition since 2019.
“The low number of approved projects clearly shows that setting up of new coal-fired power plants is becoming increasingly difficult. This can be attributed to lack of funding and competition from renewable energy,” Ritwik Dutta, environmental advocate and founder of Life, told TOI.
“It is a fact that banks and insurance companies are now moving away from coal-fired power plants due to concerns over climate change, high risk due to social protests and a large number of stranded assets where existing power plants are not able to find. There are takers for the electricity generated,” he said.
The EC assigned to coal based power plants is a useful indicator to study the trend of electricity generation in India. Pre EC is a pre-requisite for commissioning of construction activities. Such green signal is the most important requirement for new installation as well as expansion of existing coal power projects.
Since all other necessary clearances/permissions are processed only on the basis of grant or rejection of EC for a proposed project, tracking the number and capacity of projects sanctioned gives an accurate picture of the upcoming changes in power generation at the plan level. Is.
Researched by LIFE, its Associate Analyst Subhrajit Goswamishows that taking into account only ‘non-captive’ thermal plants through EC, the capacity addition was 2,400MW during 2021, as against 3,060 MW in 2020 and 3,860MW in 2019.
The project will be expanded to 3×800 . I got the green signal MW NLC Talabira Thermal Power Project Based on supercritical technology in Kumbhari and Tarikela villages of the district Jharsuguda And thalloid Village in District Sambalpur, Odisha NLC India Limited