In Short : Renewable energy generation in India rose to 17% of total electricity in May, up from 13–14% last year, according to HSBC. Declining demand and increased capacity contributed to this growth, reducing coal plant load factors. Solar and wind displaced thermal power, while battery storage incentives and transmission charge waivers are further boosting […]
India’s coal dependency to stay; geopolitical brakes on shift to renewables – EQ Mag
India’s coal imports, which had reached its peak of 212 million tonnes in 2014-15, declined to 191 million tonnes in 2016-17. However since 2017-18 onwards, they again showed a rising trend. In that year, coal imports rose to 208 million tonnes, going further up to 235.35 million tonnes in 2018-19 and to 248 million tonnes […]