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Solar with storage cheaper than new thermal power for round‑the‑clock supply: Report

October 15, 2025

New Delhi, Oct 15

The solar power combined with a storage facility is now more cost-effective than constructing new thermal plants to fulfil round-the-clock electricity demand, a report said on Wednesday.

The study analysed the per-unit cost of meeting the demand of the DISCOM using solar power combined with battery energy storage systems (BESS) and pumped storage plants (PSP) in comparison to thermal power generation.

As of August 2025, the installed solar power capacity is 125 GW out of about 495 GW installed capacity in India, whereas in 2020, the total solar power installed was 61 GW out of 371GW total installed capacity.

India has declared its intention of creating 500 GW of non-fossil capacity by 2030 and becoming net zero by 2070.

 

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