India may be ready to replace some of the country’s oldest and most polluting coal-fired power plants by the end of the decade, according to Tata Power Co. Chief Executive Officer Praveer Sinha.

The country’s rapidly expanding renewable energy fleet, including facilities that combine generation and storage, that are slated to come online within five years, will bolster the stability of the national grid, Sinha said in an interview.

“It’s a matter of time,” he said. “There are a large number of plants in India which are more than 40 years old, and they are the first that need to go because not only are they polluting more but they’re also very inefficient.”

Praveer Sinha, chief executive officer of Tata Power. Bloomberg

Coal still meets about two thirds of India’s electricity demand, an

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