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India set to ramp up renewables capacity in 2024 but thermal dash continues

December 20, 2023 Comments Off

India’s power sector is expected to see significant renewables capacity expansion alongside new coal-based capacities in 2024 as it works to meet the surging demand. The country’s power demand is growing at over 8% year on year at present, while its climate emissions are not forecast to peak until 2040-41. “In 2024, India is expected to see the highest ever…