India Invests in More Coal-Fired Power to Support Increased Need for Electricity

Regional areas of India are withdrawing incentives for renewable energy projects and instead signing long-term contracts to buy more coal-fired power generation. Government officials in Uttar Pradesh, the state that is home to much of the country's population, along with authorities in Assam state have made bids to acquire as much as 7 GW of coal-fired power output that would be delivered in the coming years, according to a research group. India Ratings & Research, an agency that offers credit rating and r ...