SUBSCRIBERS
Forecasts of cheap batteries zap India's 25-year coal power deals
Power distributors baulking at pricey long-term deals, eyeing those of 10 years or less
Published Tue, Nov 14, 2017 · 09:50 PM
New Delhi
INDIA'S power distributors are baulking at traditional 25-year thermal-power purchase contracts, avoiding lengthy entanglements so they can benefit as costs for batteries and renewable energy slide.
Now in vogue: agreements that last 10 years or even less.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
BHP’s biggest rivals sit on the sidelines of Anglo M&A drama
ExxonMobil to take 18 to 24 months to hit full stride with Pioneer purchase
Oil settles down on US jobs data, steepest weekly loss in three months
Glencore Group nears deal for Shell’s Singapore oil refinery
Opec+ may need to tackle oil capacity conundrum next month
Gold flat ahead of US payrolls data, set for second weekly drop