Recently, a conference was held in Islamabad on the proposal of “Early Retirement of Coal Power Plants”. Negotiations have been going on among Indonesia and IFIs for early retirement of one or more coal power plants. They said that they would rather finance Renewable energy programmes than financing early retirement of coal power plants. What might have impelled the proponents to propose the early retirement of coal power plants may be the current financial issues of payables and receivables of imported coal power plants? However, there are negotiations among stakeholders underway for converting the imported coal power plants to the local Thar coal.

Source: Mint January 18, 2024 13:29 UTC