Power generation in India

Subject : Economy

Section: Energy

Context: Govt to cut coal-based power share to 32% from 52% by 2030

Status of Power generation in India

Need for such move:

The move is in line with the government’s COP26 pledge of achieving 500 gigawatts (GW) of installed capacity based on non-fossil fuel by 2030.
This is in addition to its aim of increasing the share of renewable energy (RE) sources in power generation to 50 per cent during the same period.
Costs of renewable power have reduced considerably and the lowest discovered tariff for solar power has been ₹1.99 per unit.
Highly dependent on import for high grade coal
Low productivity due to use of unscientific method