Sector experts said the project cost would be around Rs 8 crore per unit resulting in tariff of Rs 5.5-6 per unit.
Coal burning also releases particulate matter, sulphur dioxide, nitrogen oxide and mercury -- thus damaging the health of many people around the world
A phase-out could save them billions, but would hit coal owners' profits
Around 6,685 coal power plants were analysed worldwide to study its financial condition and to understand its profitability
Nearly 40% of the country's coal-based capacity is unused because the core customers -- state-managed distribution companies -- struggle to increase purchases