Sparklines
India’s Coal-Dominated Power Market Is Tilting Toward Solar
A major new investment in renewables by the country’s largest power company may signal the beginning of the end for thermal energy.
Pedestrians walk along a street as smokestacks of the closed coal-fired NTPC Ltd. Badarpur Thermal Power Station stand in the background in Badarpur, Delhi, India, on Wednesday, March 27, 2019.
Photographer: Prashanth Vishwanathan/BloombergThis article is for subscribers only.
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India’s largest power generator, NTPC Ltd., has long been a major player in coal-fired electricity. It’s right there in the name: Until 2005, it was known by its longform moniker, National Thermal Power Company.