India’s Energy Crisis Has Power Giant Rushing Back to Coal
- NTPC plans to push ahead with power plant expansion plans
- Company previously slowed projects and emphasized renewables
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India’s state-run electricity giant NTPC Ltd. plans to expand its coal-fired power fleet with a first new project in six years, a policy shift that reflects alarm over the nation’s worsening power crisis.
New Delhi-based NTPC will this month award a contract to construct a 1,320-megawatt plant in Odisha, according to a company official with knowledge of the plans.