Solar, renewable power to drive India’s future capacity addition as coal remains in a dark place


Solar, renewable power to drive India’s future capacity addition as coal remains in a dark place

Most of India’s new power generation capacity in future will be from renewable energy sources, as investments in thermal power capacity remain sluggish and availability of coal continues to be a challenge, India Ratings said in a report.

This, despite an expected rise in coal-based utilities’ capacity utilisation (PLF or plant load factor) to 62%-63% in the next financial year 2019-20.

Solar capacity addition in the next financial year 2019-20 will, however, remain flattish, as costs rise but tariffs remain guided by the ceiling proposed by Solar Energy Corporation of India, the report said. Read More

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