The proposal, currently under discussion between the power ministry and NITI Aayog, marks a major shift from current projections that see net additions peaking by 2035.
At least 109 out of 165 operational thermal power plants in India reported shortage in April-May, with govt pushing states & companies to import coal to meet demand.
Indian refiners are testing Venezuelan barrels again as Russian supply sinks, but analysts say volumes will remain limited due to refinery constraints & supply capacity.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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