Cleaning up the last pile of India’s power sector non-performing assets
Although the government wants NTPC, India’s largest power producer, to add 7 gigawatts (GW) of brownfield thermal power capacity, this new report by the Institute for Energy Economics and Financial Analysis (IEEFA) finds that acquiring and subsequently reviving stranded thermal plants is a better option for all stakeholders. The report identifies six plants with a cumulative capacity of 6.1GW that are ripe for strategic acquisition by NTPC in partnership with other government-owned companies like Power Finance Corporation, REC, and National Asset Reconstruction Company Limited.
