Much of India’s 33 gigawatts (GW) of coal-fired power capacity currently under construction and another 29GW in the preconstruction stage will end up stranded, according to a new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA). Coal-fired power simply cannot compete with the ongoing cost reductions of renewables. Solar tariffs in India are now below even the fuel costs of running most existing coal-fired power plants, says Research Analyst at IEEFA. In the last 12 months no new coal-fired power plants have been announced, and there has been no movement in the 29GW of preconstruction capacity.
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Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/new-coal-fired-power-plants-india-reality-or-just-numbers
[2] http://www.indiaenvironmentportal.org.in/files/file/new coal fired power plantss in india.pdf
[3] http://admin.indiaenvironmentportal.org.in/category/author/kashish-shah
[4] http://admin.indiaenvironmentportal.org.in/category/publisher/institute-energy-economics-and-financial-analysis-ieefa
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coal
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/thermal-power-plants
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/renewable-energy
