Coal plants to subsidise solar

07-Sep-2015 #Policy News Source: PV Magazine

The centre has directed state utility giant NTPC to sell cheaper coal power along with more expensive solar as a single unit, in an attempt to increase solar uptake. The move will ensure competitiveness of solar power in the wholesale market and will help persuade distributors to buy solar power in line with Modi’s goal of having 100 GW of solar capacity by 2022.

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