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Poor demand fall in energy intensity choking coal

  • Date : 08/05/2019
  • Source : The Hindu Business Line| Hyderabad/Chennai / Delhi / Mumbai / Pune / Bangalore / Kochi / Ahmedabad / Chandigarh/ Kolkata

If the annual addition of thermal power capacity over the last few years is any indication, coal seems to be losing its mojo. It is equally true that large companies prefer to go green completely. “Business is booming,” says Andrew Hines, Co-Founder of the Mumbai-based CleanMax Solar, which sells solar-derived electricity directly to industrial customers.