A new study has demonstrated the potential benefits of repurposing some of Maharashtra’s oldest and most expensive coal plants for clean energy and grid stability services. The repurposing can deliver Rs 5,700 crore in benefits by using the land and some of the old coal infrastructure.
This is also the first time that the costs and advantages of retiring and repurposing 4,020 MW of old coal units at Bhusawal, Chandrapur, Koradi, Khapar kheda, and Nashik have been quantified. In accordance with India’s Nationally Determined Contributions (NDCs) under the Paris Climate Accord, the new study indicates how the state can maximise financial gains from repurposing older units over the course of the next ten years.
