India's Renewable Energy Revolution: Moving Beyond Coal

A study by Ember reveals that India does not require any new coal power plants beyond those currently under construction. By 2032, solar, wind, and energy storage will suffice to meet electricity demands. Transitioning to renewables is more economical as coal's role diminishes due to high operational costs.

India's latest energy study reveals a crucial shift in its electricity strategy. According to Ember, a global energy think tank, no new coal power plants are needed beyond those under construction to meet India's electricity demands by 2032.

The report highlights that increasing renewable energy and storage capacity will suffice. The study, titled 'Coal's Diminishing Role in India's Electricity Transition,' warns that additional coal capacity could impose significant financial burdens on distribution companies and consumers.

Analysts suggest that as renewables become more prominent in India's power mix, coal should serve as a backup. The study stresses India's need to focus on renewable solutions and storage, thus avoiding past mistakes of overbuilding coal.

(With inputs from agencies.)