Kolkata: Even as India nurtures a high renewable dream of reaching an overall capacity of 500 GW by 2030 (which is 40 per cent of total energy capacity), coal will remain central to its electricity generation efforts. An incremental investment of $80 billion would be required to meet its renewable goal till 2022 and another $250 billion would be required between 2023 and 2030, suggested the economic survey placed before the Parliament on Thursday.
This is notwithstanding the fact that environmentalists have already voiced concerns over India’s increasing use of coal at a time when many developed countries have been discarding the dirty fossil fuel, which would hamper the global fight against climate change.