Many power plants are in danger, India requests China to export power equipment: the countries in Europe and the US remain silent!

Recently, private coal power producers in India have urged New Delhi to relax import restrictions on Chinese coal power equipment. Otherwise, these companies will face bankruptcy.

These companies have openly pointed out that India's plan to expand coal power generation faces problems such as insufficient domestic resources and high costs, and purchasing equipment from China is the "only choice".

Data from India's power sector shows that about 22 gigawatts of private coal power projects have been stalled or are unlikely to be put into power generation due to financial issues, which is equivalent to 10% of India's current coal power capacity.

Data shows that coal provides 74% of India's electricity. Among India's existing coal power capacity, about 48 to 50 gigawatts are using Chinese equipment. These power plants were built before the ban was implemented in 2021, and their existence proves that Chinese equipment has played a key role in India's power development history.

It was precisely the pressure from many European and American countries that led China to decide not to sell coal power generation equipment abroad. Now, facing India's dilemma, these Western countries remain silent.

The price difference between Chinese equipment and Indian local equipment is astonishing. The Indian Power Producers' Association estimates that if allowed to import equipment from China, the cost of current coal power projects could be reduced by about half.

Specifically, the cost of building coal power projects with Indian local equipment is about 130-140 million rupees per 1000 kilowatts, while using Chinese equipment can cut the cost in half. This huge price difference directly relates to the survival of India's coal power enterprises and affects the future development of India's power industry.

Over the years, through exchanges with some companies that have invested in energy-intensive industries in Southeast Asia, I have deeply felt how significant the impact of China's commitment in 2021, "not to build new coal power projects overseas" due to carbon emission pressures, has had on the stable energy development of developing countries. To blame, we can only blame the West, it is their pressure that has created the current situation. This matter is really hard to express, and I will talk about it in detail when I have the opportunity.

Original: www.toutiao.com/article/1845112612758664/

Statement: This article represents the views of the author.