Punjab bought in January a private coal-fired plant for Rs 1,080 crore and before that Odisha public sector BHEL won a bid to build three such units for some Rs 20,000 crore, showing that withdrawing from thermal power was “premature”.
Not without reason. Late November, Union Minister R K Singh said: “Given the power needs, the industry will keep getting orders for thermal capacity addition for the next five-seven years”. “Thermal energy was written off a few years ago, which was premature,” he said in a meeting with power companies and others.
The capacity building is a change from 2017-18
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