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Coal use dented by India’s 100 GW solar plan – but is it a bridge too far?

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Report summary

Seaborne thermal coal suppliers already reeling from a combination of low prices overcapacity weakening Asian demand growth and a rapid slowdown of imports in China could face even more pressure as India expands its solar profile. India s Union Cabinet approved Mr. Modi s solar power capacity target of 100 GW by 2022. If this ambitious target is met solar plants could displace up to 60 Mt of thermal coal by 2022 and place India on a path to consume significantly less import coal by 2035.

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    Solar India.xls

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    Coal use dented by India’s 100 GW solar plan – but is it a bridge too far?

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Tables and charts

This report includes 6 images and tables including:

Images

  • Solar power potential (GWp)
  • Grid-connected solar power (MW)
  • Currently operating capacity associated with imports by state (Mt)
  • Potential impact of JNNM solar capacity goals on seaborne thermal coal imports (Mt)
  • Potential impact of Prime Minister Modi’s solar capacity goals on seaborne thermal coal imports (Mt)

Tables

  • Currently operating capacity associated with imports by state (Mt)

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