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Old 01-18-2018, 01:34 PM   #602
ggies
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Location: Dallas, TX
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Nearly two-thirds of India’s coal power generation is no longer price competitive with new solar and wind projects.
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65% of India’s coal power generation in financial year 2016 – representing 94GW of installed capacity – was being sold to distribution companies at a higher cost than power from new renewable energy projects.
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The analysis showed that replacing the most expensive coal power plants in India with electricity generated by solar photovoltaics (PV) and wind can save consumers up to 54,000 crores ($8.3bn) annually.
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