India is APAC’s cheapest power producer

India is APAC’s cheapest power producer

India has emerged the least costly electricity producer from coal, solar and wind sources in the Asia Pacific region. It is the only country in the region where cost of producing solar power is almost 14% less than cost of electricity generated from coal. However, in terms of tariffs paid by consumers, India is fourth cheapest after Malaysia, Vietnam and China.

Cost of power generation is highest in Japan so is its tariff for consumers among all Asia Pacific countries.

According to data compiled by global consultant Wood Mackenzie, levelised cost of electricity generation from fossil fuel at around $44.5 per MWh (Rs 3.05 per unit) in India, is the cheapest in the region. Read More

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