Sydney Morning Herald: Dramatic cost declines in solar power tenders in India have shaken up expectations on pricing for the renewable fuel and have triggered warnings that the country's need for thermal coal imports will be much lower than some are banking on.
Huge solar power contracts awarded by Indian states to global players in November and December have been priced at levels more than 20 per cent below 12 months ago and point to solar power rapidly overtaking thermal coal imports in competitiveness for power generation....