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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).
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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.