Coal Based Generation News Today

Indias interim budget focuses on supporting infrastructure and energy sectors. The central government has launched infrastructure development programmes and offers long-term, interest-free capital expenditure loans. The budget also announces three new railway economic corridor programmes. There is a need to increase generation from both coal-based and renewable energy sources, while making thermal power cleaner and more efficient. The budget integrates biofuels into clean energy generation and s...

“On an EV/EBITDA basis, a lot of the renewable standalone assets are sold at 8-9x EV/EBITDA in India. But if you look at a platform, which is existing assets plus the growth opportunity, the multiples could be higher. We have seen transactions happen as high as 14x EV/EBITDA in the sector in the space.”

Nine months and running. Electricity generation has continued to dip year-on-year. This has never happened in at...