Coal Power Plants Receive Loan from the World Bank to Reduce CO2 Emission and Increase Productivity - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
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80 percent of electricity supply in India comes from coal plants which are old, inefficient and are emitting harmful gases. In order to upgrade these coal power plants and reduce harmful gas emission, the World Bank will extend a $180-million (Rs.900-crore) loan to India. In addition, to improve power production, the project is co-financed with a $45.4-million grant from the Global Environment Facility (GEF),”

In the first phase of the project, the old and unproductive coal power plants, with a cumulative capacity of 27,000 MW, almost a fifth of India’s installed power capacity of 145,000 MW, will be upgraded


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About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.

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