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India has one of the world's most ambitious clean energy targets.
India is deliberately increasing coal use as an energy security measure despite renewable targets.
KEY POINTS
- India's coal stockpiles have reached record highs at around 210 million tonnes, covering 90 days' consumption.
- Thermal coal plants are increasingly used flexibly to offset renewable volatility, not just as baseload.
- India plans to scale nuclear capacity to over 22 GW by the early 2030s, prioritizing small modular reactors.
- Nearly 60% of a projected $800 billion capex will target energy transition, defence, and digital infrastructure.
COMPANIES
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