Part 10/13:
Economic factors: Renewable energy sources are becoming increasingly cost-effective compared to traditional coal and gas plants.
Decarbonization commitments: As part of global climate commitments, India is pushing to decouple economic growth from fossil fuel consumption, aligning with a broader global transition toward sustainable energy.
While coal remains deeply embedded in India’s energy infrastructure, these recent developments suggest a declining trend that could accelerate further in the coming years. The shift not only benefits the environment but also offers economic resilience by reducing dependence on imported fuels and mitigating exposure to volatile fossil fuel markets.