New Delhi, Feb. 20 -- India's power sector will require approximately USD 700 billion in investments over the next decade to support the nation's 2070 net-zero commitment, according to a comprehensive analysis by Moody's Ratings.
The sector, which currently contributes 37 percent of the country's carbon emissions, faces significant challenges in transitioning from its heavy reliance on coal-fired generation.
The rating agency projects annual investment requirements between Rs 4.5 trillion to Rs 6.4 trillion (USD 53 billion to USD 76 billion) through fiscal year 2034-35, with investments scaling up to Rs 6 trillion to Rs 9 trillion annually during fiscal years 2026-51.
These substantial investments, representing approximately 2 percent ...
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