India announces plan to step away from coal, casting doubt on approved Queensland Adani mine

One expert says the plan has left the
 Adani proposal "totally stranded".

India has released a new power plan promoting a dramatic increase in renewable energy and raising doubts about the Indian-owned Adani Group's massive coal mine in Queensland.

The new national electricity plan says India will not need any additional coal-fired energy capacity in the next decade.

India's Energy Minister Piyush Goyal alluded to a renewables pivot when he spoke to Four Corners last year.

"I hope in the years to come we can see an explosion of renewable energy on the back of cheaper storage," Mr Goyal said.

Tim Buckley from the Institute for Energy Economics and Financial Analytics told AM the development was bad news for the Australian coal industry. (But good news for the health of the world – Beneath the Wisteria).

Read the ABC story - “India announces plan to step away from coal, casting doubt on approved Queensland Adani mine.”