India's 100 New Coal Plants Face $80B Stranded Asset Risk as Renewable Costs Drop 90%
India's Ministry of Coal plans 100 new coal facilities despite renewable energy costs falling 90% since 2010, creating stranded asset exposure potentially exceeding $80 billion. The capital lockup threatens investor returns as coal plants require 30-year payback periods while renewables reach grid parity across most Indian states. Carbon pricing mechanisms and accelerating corporate renewable commitments compound the risk profile for coal infrastructure debt.
ViaNews Editorial Team (Finance)•