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Will you get power at Rs 30 or Rs 3 10 years from now?

There are two distinct trends all over the world, in relation to power generation. Either of these two will decide whether you will end up buying power at Rs 30 or Rs 3 per unit in the next 10 years. The first trend is of rising cost of conventional power, the generation of which is heavily skewed towards thermal power. Thermal power uses coal as its core raw material and the usage of coal is coming under pressure from different quarters. One, within India, the opening up of newer coal mines is facing stiff opposition from environmentalists and tribal groups. India's biggest import partner ...