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Stock impact report

Coal Keeps Powering India as Booming Economy Crushes Green Hopes [Financial Post (Toronto, Ontario, Canada)]

Brookfield Business Partners L.P. Limited Partnership Units (BBU) 
Last brookfield business partners l.p. limited partnership units earnings: 2/6 06:45 am Check Earnings Report
US:NYSE Investor Relations: bbu.brookfield.com/en
Company Research Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Built along a stretch of salt flats in southern India, the Tuticorin power plant epitomizes a quagmire for the world's fastest-growing major economy: how to provide reliable energy to 1.4 billion people. For starters, the 1,050-megawatt coal plant, one of the region's largest, was supposed to shut down. Opened four decades ago, the facility is too cramped to install retrofits to meet the government's pollution norms, prompting India's power ministry to plan its closure by 2022. Yet the facility continues to run at full blast, clocking 90% utilization in February. Aging boilers guzzle coal from mines nearly 2,000 kilometers away — a transport distance that only adds to the nation's emissions footprint. Article content Article content Electricity consumption in India is growing at the fastest rate of any major economy, driven by rising temperature Show less Read more
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