India, Oct. 29 -- Ember report says coal expansion beyond current pipeline would be uneconomical

New renewables and storage capacity expected to outperform coal on cost and reliability

Coal's share to fall as plant load factors drop and operating costs rise by 2032

India's coal-fired power expansion plans face a stark economic reality check. A new report by the global energy think tank Ember finds that any new coal capacity beyond what is already under construction and targeted in the National Electricity Plan (NEP) 2032 would be uneconomical, as renewables and battery storage increasingly outcompete thermal power on both cost and reliability.

The analysis, based on a least-cost operations model of the Indian power system, shows that ...