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India’s Coal-Dominated Power Market Is Tilting Toward Solar

Updated Jun 25, 2021 04:57 am

  • India’s largest power generator, NTPC Ltd., has long been a major player in coal-fired electricity. It’s right there in the name: Until 2005, it was known by its longform moniker, National Thermal Power Company.
  • But it has lately stepped into the renewables business, as have many other major power and industrial players in India, with a commitment last year to build 32 gigawatts of renewable energy by 2032. This week, it doubled up that commitment, raising its target to 60 gigawatts.
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Tags: coal dominated market power market tilting towards solar