West Bengal can save a significant Rs 62,000 crore over a decade by transitioning from thermal power to embracing renewable energy sources, a study by think tank Climate Risk Horizons (CRH) said on Thursday. This transition could also play a pivotal role in helping India achieve its net zero emissions target, it said.
“Rising costs of coal-fired electricity underscore the potential missed opportunity in West Bengal’s focus on renewable energy. Correcting this oversight could yield substantial financial gains for both the state and its electricity consumers,” said Vishnu Teja, the analyst of the report.
