CHENNAI ¨C India may build new coal-fired power plants because they generate the cheapest power, according to a draft electricity policy document, despite growing calls from environmentalists to deter the use of coal.
Coal¡¯s contribution to electricity generation in India fell for the second straight year in 2020, marking a departure from decades of growth in coal-fired power. Still, the fuel accounts for nearly three-quarters of India¡¯s annual power output.
Environmental activists have long rallied against India adding new coal-fired capacity. Solar and wind energy prices are falling to record lows, which would help the world¡¯s third-largest greenhouse gas emitter cut emissions.
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