New Delhi : India is planning to substantially slash its share of coal based thermal power generation from the current 52 percent to 32 percent by the turn of the decade, the Ministry of Power told the Parliament. India has been increasing its renewable power production in the last few years to aid its efforts […]
Solar and wind power costs in India will be comparable to coal in 2025: Moody’s
The shift would occur if the Levelized Cost of Electricity (LCoE) from solar and wind projects declines annually by a high single digit to mid-teen percentage between the first half of 2020 and 2025-30. New Delhi: Power generation from solar and wind projects will likely be cost-competitive relative to coal-based power in India in 2025-2030 […]
June spot power price dips 11% to Rs 3.32/unit
New Delhi: Average spot power price fell 11 per cent to Rs 3.32 per unit in June compared to the year-ago month, the Indian Energy Exchange (IEX) said Monday. With trading of 4,207 million units (MU) of electricity, the volume in the day-ahead-market (DAM) grew 12 per cent month-on-month. As compared to June 2018, the […]
