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CEA mulling to complete study on ideal power mix

<p>The Central Electricity Authority (CEA) is expecting to complete its study on the &quot;total system cost&quot; to figure out the best power generation mix by 2030 in terms of cost and grid stability within this month.</p> <p>This attempt would try to find out the cheapest power mix with grid stability and would facilitate regulators in determining tariffs. India has a target of producing 175 gigawatt renewable energy by 2022 and currently, renewables account for around 20 per cent of the country&#39;s total installed capacity. However, the CEA has been working with an objective to build a cost-effective power evacuation infrastructure in Jammu and Kashmir&#39;s Ladakh region which is considered to be the &quot;best location in India&quot; in terms of solar power generation. &quot;The region holds potential of generating about 35,000 megawatt of solar power. The problem lies in the evacuation of power in the region. Its objective is to build a cost-effective evacuation transmission network.</p>