Global green capital presents a multi-billion-dollar opportunity for Indian power sector giants such as NTPC and Tata Power to fund their clean energy transitions.
A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) on Wednesday said robust decarbonisation plans that align with climate science-based net zero targets will be critical to mobilising this rising tide of sustainable finance.
IEEFA’s report compares the clean energy deployment and greenhouse gas emissions reduction pathways of NTPC and Tata Power with those of Italian energy company Enel, which, as a pioneer of sustainability-linked financial structures, has raised billions of dollars to fund its decarbonisation.
