Environmental concerns and the difficulty in raising finance are also reasons for the private sector’s apathy
Power Ministry’s report says the last year when the private sector put up any noteworthy capacity was 2017-18 when it created 3,780 MW of capacity (PIC: Canva)
The Indian private industry has kept away from the thermal power sector, which, experts say, is due to viability issues and competition from renewable energy. This is within a scenario where the overall interest in the thermal power sector is declining.
