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India's Unique Energy Transition To Harness Coal, Other Natural Resources

From spglobal.com

India is uniquely positioned to capitalize on the global push to decarbonize. While the country's growing energy demands have seen green aspirations take a back seat to economic growth, a recently released interim budget for 2024–25 suggests that those priorities may be shifting. New initiatives in the budget show how India plans to leverage technology and its natural resources to manage the energy transition. In January, the government funded an 85 billion-rupee initiative to promote coal gasification projects. With the release of its new interim budget, the government intends to have 100 million metric tons of coal ... (full story)

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  • Category: Fundamental Analysis