Repeated extensions of the deadline for installing equipment to control toxic sulphur dioxide emissions point to a government that is unable to face down a strong fossil fuel lobby.
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An environmental hazard has spawned the need for these quick fixes, but do they really work?
The likes of the Adani and JSW groups, who have been building their green credentials, have renewed their appetite for coal-fired plants as the country is nowhere near retreating from the dirtiest fuel.
The sector might be hot right now, but the deep-rooted problem of climate change will take a long time to make any impact, especially in developing economies like India. Are VCs willing to wait?