You are here

Home > Energy & Commodities

Cheaper solar in India prompts rethink for coal

Solar now costs as much as 50% less than new coal power, according to a solar research firm
Fri, Jun 02, 2017 - 5:50 AM

BT_20170602_KYSOLAR2_2915963.jpg
Solar auctions in India advance Prime Minister Narendra Modi's goal to reduce fossil-fuel pollution in a country that is home to almost half of the world's 30 most-polluted cities.
PHOTO: BLOOMBERG

New Delhi

INDIA'S coal-power plant developers are growing more pessimistic about their projects after a plunge in the cost of electricity from solar panels improved the economics of renewable energy.

After a string of federal auctions, solar is suddenly the cheapest source of...

sentifi.com

Market voices on:

Energy & Commodities

Nam Cheong secures RM54.8m 2-year chartering contracts for 3 offshore vessels

Chinese buyers offer to resell LNG cargoes as they struggle with weak demand

Gold's been on a tear this year and 2020 may bring more rewards

Oil slips as weak China exports highlight trade war impact

France's Total opens Asia-Pac HQ at Frasers Tower to drive regional business growth

France’s Total opens Asia-Pac HQ at Frasers Tower to drive regional business growth

BREAKING

Dec 10, 2019 01:36 PM
Banking & Finance

Major currencies mark time as investors brace for key risk events

[SINGAPORE] The US dollar and yen mostly held the safe-haven high ground on Tuesday, with investors wary of a...

Dec 10, 2019 01:36 PM
Government & Economy

US imposes sanctions Cambodian PM's associates over alleged corruption

[PHNOM PENH] The US Treasury has imposed sanctions on a businessman and a senior government official with close...

Dec 10, 2019 01:28 PM
Stocks

Singapore stocks: STI resumes Tuesday afternoon up 0.01% on day

SINGAPORE stocks pared their early morning losses as trading resumed on Tuesday afternoon, with the Straits Times...

Dec 10, 2019 01:15 PM
Banking & Finance

Choppy markets leave US bank bonus decisions in limbo

[NEW YORK] December is always a month of suspense on Wall Street, as dealmakers, traders and money managers at big...

Dec 10, 2019 01:09 PM
Consumer

Japan's 7-Eleven to address underpayment claims amid scrutiny

[TOKYO] Japanese retailer Seven & i Holdings, already under nationwide scrutiny over labour issues, said on...

subscribe to
The Business Times
Stay connected with The Business Times
premium content on your favourite platforms
CALL 6388 3838
SUBSCRIBE NOW
Download Our
Apps
Stay up to date with The Business Times for
Stay Updated
Choose which free BT newsletters to sign up for here, or get them all below:
Breakfast Brief
every morning
Daily Debrief
every evening
BT Garage
weekly
BT Lifestyle
weekly