India's dependence on thermal power will reduce to 50 per cent by FY22

India's dependence on thermal power will reduce to 50 percent by 2021-22 and 43 percent by 2026-27 on the back of renewable energy (RE) capacity additions, a report said. Thermal power includes diesel, gas and coal-based electricity generation which contributes 63 percent of total electricity generation capacity in India as per the report.
"India is chasing ambitious RE targets and enhancing its T&D (Transmission & Distribution) infrastructure. Increasing RE use is decreasing dependence on coal. Contribution of the thermal sector will reduce to 50 percent by FY22 and 43 percent by FY27," said a report by Praxis Global Alliance and Zetwerk.