India plans to stop building new coal-fired power plants, apart from those already approved, by removing a clause from the final draft of its National Electricity Policy (NEP).
The draft, if approved by Prime Minister Narendra Modi, would leave China as the only major economy open to the addition of significant new coal-fired capacity. India and China currently account for about 80 per cent of all active coal projects.
A source from the Indian Government said: “After months of deliberation, we have arrived at a conclusion that we do not need new coal additions apart from the ones already in the pipeline.” The new policy, if approved, would not impact the 28.2 GW of coal-fired power in various stages of construction.