Renewable Energy Becomes Cheaper and Faster Than Coal in India — A New Era of Power Published 2025-10-13 20:22:00 By Anupam Nath India, one of the fastest-growing economies in the world, is witnessing a rapid surge in energy demand. From industries to homes and transportation, electricity has become the backbone of progress. In this scenario, choosing the right energy source—both affordable and sustainable—is critical.As per recent data for FY 2024–25, the cost of generating electricity from new thermal power plants in India stood at ₹6.82 per unit, while solar and storage (RE + Storage) projects delivered electricity at just ₹4.50 per unit. This isn’t merely a cost difference—it marks a fundamental shift in India’s energy future.---⚡ The Declining Relevance of Coal PowerCoal has long been the foundation of India’s power generation, but its dominance is now being challenged.1. High Production Cost: The increasing prices of coal, along with high transportation and maintenance expenses, have made coal-based electricity costly.2. Environmental Damage: Burning coal releases large amounts of carbon dioxide and toxic gases, contributing heavily to air pollution and global warming.3. Limited Resources: India’s coal reserves are finite, and the dependency on imported coal further adds to costs and energy insecurity.Coal, once the king of power, is slowly losing its throne to cleaner and cheaper alternatives.---☀️ The Rise of Solar and Storage EnergyRenewable Energy with Storage (RE + Storage)—a combination of solar or wind energy with battery backup—is revolutionizing India’s energy system.1. Lower Costs: At ₹4.50 per unit, renewable energy with storage is nearly 35% cheaper than coal-based electricity.2. Advanced Storage Systems: Modern lithium-ion and hydrogen-based storage technologies now make it possible to supply power 24x7, overcoming the old “sunlight only” limitation.3. Clean and Sustainable: Renewable energy significantly reduces carbon emissions and conserves natural resources for future generations.4. Strong Government Support: India’s initiatives such as the National Green Hydrogen Mission and Solar Energy Mission are driving this transformation at record speed.---???? The Road AheadRenewable energy is no longer just an “option”—it’s a necessity. India has set an ambitious target of achieving 500 GW of renewable capacity by 2030. If this pace continues, coal-based plants will soon become economically unviable.The energy of the future will be cheaper, cleaner, and powered by indigenous technology. This transition not only strengthens India’s energy independence but also positions the country as a global leader in climate action.---???? ConclusionThe numbers speak for themselves—₹6.82 per unit for thermal power versus ₹4.50 per unit for solar + storage power. This is more than just statistics; it’s a sign of a revolution.India stands at the dawn of a new energy era—one where economic logic and environmental responsibility align perfectly. In the coming decade, “Solar Energy in Every Home” will not just be a dream, but a tangible reality lighting up millions of lives.
