GARUDA : An Innovation proposes to bundle old, inefficient coal plants with new and cheaper renewable energy

More than 170 coal power plants in India are old and inefficient. Decommissioning of many of these plants can make a strong economic and environmental impact. 
An Article published in the Financial Express co-authored by Vibhav Nuwal, Co-founder & Director at REConnect Energy, talks about an innovation that by employing a “blended tariff” retire old, inefficient plant by bundling them with new and cheaper renewable energy capacity in such that the financial burden on DISCOMs is almost negligible.
 
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