Siemens Energy to discontinue support to build coal-fired power plants

NEW DELHI: Technology firm Siemens Ltd on Tuesday said one of its businesses Siemens Energy will discontinue supporting development of coal-fired power plants.

“Siemens Energy will discontinue the support for the development of new coalfired power plants but will continue to offer bridging technologies like gas-fired plants and components for efficient combined heat and power (CHP), waste heat and biomass co-firing projects as also continue its CO2-reducing service and solutions business,” the company said in a BSE filing.

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