India plans to add 76 gigawatts (GW) of utility-scale solar and wind power by 2025 which could save up to $19.5 billion a year (over 15 lakh crore) caused due to the burning of coal, according to the latest research by Global Energy Monitor.
Data by the Global Solar Power Tracker and the Global Wind Power Tracker rank India among the top seven countries globally in terms of prospective renewable power. This buildout can avoid the use of almost 78 million tonnes of coal annually, or roughly 32 GW in coal power plant capacity, which is more new coal capacity than the country has added since 2018, finds the report.