Coal power is getting the cold shoulder in India as renewable prices plummet

Coal-based power plants fall out of favor with power distribution companies in India as the price of wind and solar power continues to plummet to record lows. Whereas wind and solar power tariffs are priced at around Rs 2.4 per unit, coal-based power is currently being sold at Rs 3.7 per unit. With demand for power in India flat-lining and more renewables being added, it’s hard to imagine much of a future for coal in India. That’s good news for the campaign to clean the air in India’s megacities.

Solution News Source

Coal power is getting the cold shoulder in India as renewable prices plummet

Coal-based power plants fall out of favor with power distribution companies in India as the price of wind and solar power continues to plummet to record lows. Whereas wind and solar power tariffs are priced at around Rs 2.4 per unit, coal-based power is currently being sold at Rs 3.7 per unit. With demand for power in India flat-lining and more renewables being added, it’s hard to imagine much of a future for coal in India. That’s good news for the campaign to clean the air in India’s megacities.

Solution News Source

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