India’s NTPC to Expand Solar Goal, Slow Thermal Power, BNEF Says

  • NTPC may invest in solar parks, electric car infrastructure
  • Coal power generator concerned about reverse grid-parity

India’s largest power generator, which is spearheading Prime Minister Narendra Modi’s ambitious clean-energy goals, is expanding its solar target and slowing down development of its coal-based plants on concerns that the cost of renewables will be cheaper than conventional energy.

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