Divestment vs Sterilisation: What to do with BHP’s stranded coal assets

BHP is exploring options to exit thermal coal by divestment. Its thermal coal assets have seen a serious erosion of viability and are on track to deliver an operating loss in 2019-20. The growing momentum to acknowledge the 2015 Paris Agreement, coupled with ongoing double digit annual solar cost deflation presents a challenge to the thermal power sector.

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