India can build new coal-fired power plants due to the fact that they produce cheaper energy. In 2020, coal energy production decreased significantly. Nevertheless, this fuel is of annual production in India. India has launched an effort to reduce carbon emissions to slow global warming. Nevertheless, carbon-based production will continue for economic gain. However, future carbon-based plants will need to develop less polluting technologies.
In fact, regarding the future energy production markets, the trade of renewable sources with charging stations for electric vehicles and distribution of electricity was proposed. According to experts, the use of renewable sources and the abolition of conventional sources can gradually lead to instability of the electricity network. It would be preferable to make flexible use of these energy sources for grid stability.
For more information you can follow the link https://www.reuters.com/world/india/exclusive-india-may-build-new-coal-plants-due-low-cost-despite-climate-change-2021-04-18/
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