India, Dec. 10 -- Asia's biggest power utilities are already losing $6.3 bn a year to climate-related hazards, a new analysis shows.
Losses could rise 33% by 2050 without deep emissions cuts and major investments in resilience.
Heat, extreme rainfall, tropical cyclones and flooding are driving escalating damage to power assets.
Coal-fired plants face acute risks from water scarcity, storm surges and efficiency losses in extreme heat.
Report urges utilities, governments and investors to strengthen adaptation, disclosure and cross-border resilience planning.
Asia's largest electricity utilities are already facing $6.3 billion (Rs 53,915 crore) in annual losses from climate-related hazards - a figure that could rise by 33 per cent by 20...
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