Making it happen: Balance between solar and thermal energy
POWER & RENEWABLE ENERGY

Making it happen: Balance between solar and thermal energy

India’s strides in recent years to achieve its renewable goals should be accompanied by fair questions about costs and other disproportionate impacts. Tariffs of solar energy have plummeted to Rs 1.99 per unit from the high of Rs 14 per unit a few years ago. The overall energy sector is under stress but the demand for solar energy seems to be on the rise.

However, to say that renewable energy has already become cheaper than coal-based thermal energy, as Rahul Tongia from Brookings India put it, “masks…system-level costs as well as the disproportionate impact (it had) on selected States’ generators and stakeholders”. Accordingly, before blowing the victory bugle there is a critical need to examine the implications of what was happening.

What are the direct and indirect costs incurred due to shifting of focus on renewable energy?
Who is bearing this cost?
Is the manner in which the renewable energy mission was being rolled out in the country sustainable?

As former head of the Project Monitoring Group and Secretary, Ministry of Coal, Anil Swarup explains why it is imprudent to instal renewable plants at the cost of thermal energy.

Read the article here

India’s strides in recent years to achieve its renewable goals should be accompanied by fair questions about costs and other disproportionate impacts. Tariffs of solar energy have plummeted to Rs 1.99 per unit from the high of Rs 14 per unit a few years ago. The overall energy sector is under stress but the demand for solar energy seems to be on the rise. However, to say that renewable energy has already become cheaper than coal-based thermal energy, as Rahul Tongia from Brookings India put it, “masks…system-level costs as well as the disproportionate impact (it had) on selected States’ generators and stakeholders”. Accordingly, before blowing the victory bugle there is a critical need to examine the implications of what was happening. What are the direct and indirect costs incurred due to shifting of focus on renewable energy? Who is bearing this cost? Is the manner in which the renewable energy mission was being rolled out in the country sustainable? As former head of the Project Monitoring Group and Secretary, Ministry of Coal, Anil Swarup explains why it is imprudent to instal renewable plants at the cost of thermal energy.Read the article here

Next Story
Real Estate

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Next Story
Infrastructure Energy

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Next Story
Infrastructure Urban

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement