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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
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.
Welcome to NetZero Now, a weekly newsletter from The Morning Context that covers the latest developments in the burgeoning energy, climate and cleantech ecosystem.
Adani Power is doubling down on coal at a scale few dared imagine.
Over the past 10 days, the Adani group’s power arm has snapped up big-ticket deals in Madhya Pradesh and Bihar, committing up to $4.2 billion for ultra-supercritical plants. It also got the nod to mine coal from the Dhirauli block in Madhya Pradesh—an old-school, capital-heavy strategy most private players had long shelved. With its capacity target now raised to 41 gigawatts from 18.15 …
A proposed Rs 12,000 crore incentive shifts the focus to components after the first scheme fell short. But raw material dependence, gaps in technology and China’s dominance remain.
A regulatory easing could see the billionaire’s conglomerate move from running airports to owning an airline—an idea he is warming up to, with multiple options open.
After a strong listing, Vedanta Aluminium Metal is running into some headwinds. Aluminium prices are easing, but the sharper challenge is rising competition from Kumar Mangalam Birla and Gautam Adani.
