Adani is blazing the trail in India's coal comeback
Adani Power has boldly taken on the mantle of coal power's comeback in the country. But in doing so, it faces critical risks around asset obsolescence and climate misalignment.
More in Business
You may also like
Why Adani Power is betting billions to dominate coal’s twilight years
India’s largest private thermal power producer is taking a contrarian call to scale up in the face of weakening coal economics. The way power agreements are structured has a lot to do with it.
The 1.5°C limit has been breached. Where will COP take us next?
The window to prevent the worst impacts of climate change has shut. The heat is on global leaders at the annual climate talks in Brazil to deliver more than just theatre.
Conglomerates, duopolies and domination hamper India
The domination of a few business groups—conglomerates—is a defining feature of the country’s economy. This has been enabled by policy, leading to stifled innovation and hindered progress. All of this, in turn, exacerbates inequalities.