Central Electricity Authority chairman Ghanshyam Prasad said India’s growing electricity DemandHow much buyers want at a given price. Stronger demand can make buyers compete with higher offers.Read More could require more coal-fired capacity than previously planned, Reuters reported on 13 October. He said renewable expansion also needed complementary sources to maintain reliable SupplyHow much sellers are willing to offer at a given price. More eager sellers can lean on price.Read More.
India may need to expand coal-fired power capacity beyond its existing plans as electricity demand rises, according to Central Electricity Authority chief Ghanshyam Prasad. The country could require an additional 105–150 GW, while continuing to expand renewable energy to strengthen LongA position that benefits if price rises. Think: buy first, then hope the market climbs.Read More-term power supply and grid reliability.
