India falters on emissions target as producers grapple with costs
New Delhi
INDIA may ease a deadline to cut pollution from coal-fired power plants blamed for causing the world's worst air quality amid pressure from generators who say it's too difficult to implement the US$37 billion reforms.
The deadline to meet all the new standards may be extended beyond the original December 2017 target, said SD Dubey, chairman of the Central Electricity Authority and head of the panel drafting the road map for power producers to meet the new guidelines. Prime Minister Narendra Modi's government proposed the limits on toxic emissions in December 2015.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
India's Vedanta misses Q4 profit estimates on lower prices
BHP targets Anglo American in bid valuing miner at US$39 billion
China's Sinopec charts global expansion with refinery in rival India's backyard
Gold trades in tight range as market focuses on US economic data
Oil settles lower as US business activity cools, concerns over Middle East ease
Orsted says Taiwan wind project to power TSMC on track for 2025 finish