Old power plants: A lifeline for power generating equipment sector

www.moneycontrol.com

About half the country’s power plants are more than 25 years old.

Then why should we retain or invest in them?  The depreciated value of these units is close to zero.  An ideal time for the government to start afresh with old units converted to natural or biogas based power.  In one go more than 30% of the country’s coal capacity would be converted to environmentally, and public health-friendly source of energy.

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