Publication - India’s Stranded Assets: How Government Interventions are Propping up Coal Power
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In India, improving access to modern energy services is a key policy objective, and common justification for further coal power development – however this poses a significant challenge under the Paris Agreement.
This paper develops a broad framework for understanding the links between government interventions and the wider drivers of asset stranding and applies this to India’s coal power sector as a first case study. The authors focus on three key questions:
- What are the recent and current government interventions in the coal power value chain?
- What are the wider drivers of coal power asset stranding?
- What are the linkages between the government interventions and the drivers?
Overall, the authors find that government interventions are counteracting the drivers of asset stranding in India’s coal power sector.
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