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Coal Would No Longer be a Cheaper Source of Power Generation in Future

News

Solar power could become as cheap as conventional thermal energy over the next two to three years and reach Rs 4-4.5 per unit by FY18 .
 

Source: ET

SNP Insights

Cost is no more a hiccup for solar power generation. Continous decline in the solar module cost has made solar competitive. The government initiatives in making solar tariff at par with conventional might prove to be a transformation era from conventional to non-conventional energy.
 

Source: SNP Infra Research