India’s dependence on coal increases despite its green energy push
Despite India being bullish on green energy options as it aims to achieve net-zero emissions by 2070, the geo-political situation triggered by the Russia-Ukraine war has led to supply chain constraints, rising energy prices and pushing inflation to highest-ever levels in several countries.
All these factors combined together have compelled India to continue to depend on coal-based thermal energy.
Recently, Union Finance Minister Nirmala Sitharaman said that uncertainties in the energy sector are an area of concern for the government.
She noted that like many other nations, India too will have to rely more on coal in the near future due to global uncertainties and supply chain disruptions.
