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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