India’s solar energy capacity is growing

India’s electricity sector is transforming rapidly. A 50% decline in wind and solar tariffs since 2016 means renewable energy is now the lowest cost source of new generation. This has turned the established order in India on its head.

Issue 09-2018

India's NTPC domestic thermal power

Source:NTPC Ltd annual reports, NTPC/SECI tender results, IEEFA estimates

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