Future of Coal Based Power Generation in India
Hotel Claridges, New Delhi, 9/26/2017 12:00:00 AM
CEA has stated in the draft National Electricity Plan that no new coal based power plants are required in the country at least till 2027, other than the 50 GW under-construction capacity. At the same time, NITI Aayog in its draft National Energy Policy has estimated the coal based power generation capacity to go up to more than 330-441 GW by 2040. The country’s peak power demand is projected to grow to 235 GW in FY 2021-22 from 159 GW in FY 2016-17 at a CAGR of 8%. However, this estimate is 17% lower than the projections made in the year 2012.

Low power demand from the State Distribution Companies will mean that there is no need for new coal based power plants in the country up to 2027, thereby making it easier for the country to fulfill its Intended Nationally Determined Contributions (INDC) under the Paris Agreement. India’s INDC commitments include reduction in the emissions intensity of its GDP by 33 to 35 per cent by 2030 from 2005 level and to create an additional carbon sink of 2.5 to 3 billion tones of CO2 equivalent through additional forest and tree cover by 2030.

The rapidly evolving power scenario presents a need to bring the various stakeholders under a single umbrella and deliberate on the topic “Future of Coal Based Power Generation in India” which will help in easing the uncertainty in the minds of Project Developers, EPC Contractors and Financial Institutions regarding the future of coal based power plants in the country, prevailing low PLF of the power plants and the likely power scenario in 2030.

Key Highlights:

• Key Trends and Developments in the sector

• CEA’S Draft National Electricity Plan – Key Highlights

• Utilities and the Industry perspective on the future of coal based power plants

• What would be the impact of India’s INDC commitments on coal based power generation in the country?

• How do financiers view the recent developments in the sector?

• What is the outlook of equipment manufacturers in the wake of recent distress bids in the thermal sector space?

• Opportunity to interact with Industry leaders & Stakeholders of the Power Sector

• Key technological improvements in the sector