Oct 05: In a landmark moment, record low Indian solar tariff bids accepted in May 2017 (R2.44/kWh or US$38/MWh) mean that solar tariffs are now lower than NTPC’s average tariff for its existing domestic coal-fired fleet (R3.20/kWh)
8While a case could have been made in the past that coal-fired power was vital for India’s economic development, it is now clear that renewable energy is a cheaper, more sustainable way to meet the country’s rapid growth in electricity demand.
8Find out more on NTPC's retirement plans of older capacity even as it brings down capital spending because of oversupply and lower-than-anticipated demand.
8Also given here is NTPC coal-fired power price curve and since 2010 and how solar power is now lower than this curve.
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