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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

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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.

    CoalIndia

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