“Others had come as part of the process that we have been running for stressed power projects acquisition. Acquiring such stressed projects will allow us to generate electricity and start cash flows,” Acharya added. Mint reported on 6 January about NLC being in talks with Ind-Barath to acquire its coal-fired power plant in Odisha. Across the country, thermal power projects totalling around 25,000MW are up for sale. Of this, 100GW is to come from solar power projects with storage being seen as the next frontier in India’s clean energy push.

Source: Mint April 09, 2017 20:26 UTC