India: Cheap Renewables Don't Guarantee Lower Bills; Govt Plans Integration

• Falling renewable energy costs alone won't lower electricity bills; integration costs are the key challenge.
• Indian government, via NITI Aayog, is developing an action plan to integrate renewables without increasing consumer tariffs.
• Rapid growth in India's renewable capacity is straining transmission networks and raising supply costs for distribution companies.
• Proper integration requires significant investment in transmission, storage, flexible power plants, and grid stability infrastructure.
• Countries like Germany, California, and Australia experienced rising retail power prices despite cheaper renewables due to integration issues.

Why It Matters: Falling renewable costs don't assure lower power bills; government aims to prevent tariff shocks.