With oil prices down and cheap and heading further south, coal prices and investment returns will be headed in that direction too. To add to woes, solar power too is becoming cheaper.
Adani's Galilee Basin project 'not
commercially viable', predicted Michael West in September 2014 in the Sydney
Morning Herald. The article seems more relevant now.
http://www.smh.com.au/business/adanis-galilee-basin-project-not-commercially-viable-20140905-10cyc3.html
Hari Pulakkak in Economic Times (11 December 2014) says coal will be unattractive.
http://articles.economictimes.indiatimes.com/2014-12-11/news/56955223_1_thermal-power-plants-coal-prices-grid-parity
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