Adani Power, part of the Adani group, plans to add close to 6 gigawatts (Gw) of new power assets in the next five years, according to an investor presentation by the company. That is clearly meant to ride on India’s burgeoning power demand.
But there is another side to it: All of this new capacity is expected to be thermal power, or power produced from coal.
Adani Power is not alone in this. A Reuters report dated March 4 said Adani Power was one of three private producers — the others being JSW Group and Essar Power —