Retiring older coal-generation assets could save Rs 37,750 crore: CEEW

Decommissioning of coal power plants that are more than 25 years old could lead to a potential savings of Rs 37,750 crore, indicated a study by the Council on Energy, Environment and Water-Centre for Energy Finance (CEEW-CEF). The report said out of India’s total installed capacity of 300 Gw, some 35 Gw of coal-based power plants can be decommissioned on priority.

“This could result in annual savings of Rs 7,550 crore over the next five years. These savings would be generated through avoided annual capacity or fixed-charge payouts, primarily towards operation and maintenance costs. Further, the savings would add up