Power: Emission Norms and renewable

Ministry of Forest and Environment has declared new emission norms and rules for power plants which are operated by the help of coal as fuel, and they are to be implemented by the end of Dec 2017. The total retrofit opportunity is expected to touch $14 billion and the new BTG equipment market is expected to double, and to exceed $9 billion per year. The role of key players will be played by L&T, BHEL and Thermax

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