Receive our newsletter – data, insights and analysis delivered to you
  1. News
October 7, 2020

India considers replacing retiring coal plants with renewables

India Power Minister RK Singh has said the government has considered retiring coal-fired power plants in favour of renewable generation.

India Power Minister RK Singh has said the government has considered retiring coal-fired power plants in favour of renewable generation.

The move would help reduce the country’s carbon footprint, in line with government aims. Currently, India is the world’s third-largest contributor of greenhouse gases emissions after China and the US.

The country is also the second-largest coal consumer in the world. Currently, more than half of India’s 373GW power generating capacity comes from coal-fired power plants.

By 2022, the country seeks to install 175GW of renewable power capacity. In addition, it aims to meet 40% of its energy needs via non-fossil fuel sources by 2030.

Singh was quoted by Reuters as saying: “Many of coal plants are getting retired. Some plants have already retired, and about 29 more plants are going to retire. All that space will be occupied by renewable energy.”

Additionally, Bloomberg reported that India might consider closing some of its ‘dirtiest’ coal power plants.

Content from our partners
Green investment: What gives Scotland multiple advantages
How Hengst helped to keep Germany’s charity “star singers” shining
How one power station prevented frequent shutdowns with three-stage air filtration

At present, the country is said to be dependent on other countries for solar cells and modules. Particularly, tensions have increased between India and China in recent weeks, despite economic relationships.

The news agency quote Singh as saying: “In another two years’ time, we plan to raise our capacity to around 25GW per annum for solar cells and modules.”

India’s present functional manufacturing capacity for solar cells stands at approximately 10GW a year with 2.5GW of solar cell capacity.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU