According to reports, the revised policy includes language that would require state governments to prioritize the installation of renewable energy projects over traditional coal-fired power plants. It also stipulates that any new coal-fired capacity would only be approved in special cases where no other feasible alternatives are available.Source:- MSN
The move is seen as a major shift in India’s energy policy, which has long relied heavily on coal to meet its growing energy needs. The country is the world’s third-largest emitter of greenhouse gases, with coal accounting for nearly 70% of its electricity generation.Environmental groups have welcomed the policy shift, saying it represents a critical step towards addressing India’s growing air pollution crisis and reducing the country’s carbon footprint. However, some industry experts have raised concerns about the potential impact on the country’s energy security and the potential loss of jobs in the coal sector.
Despite these concerns, the Indian government has signaled its commitment to expanding its renewable energy sector. Earlier this year, the government announced plans to install 450 GW of renewable energy capacity by 2030, with a goal of achieving net-zero carbon emissions by 2070.
The move towards renewable energy is also expected to create new job opportunities in the sector, particularly in the installation and maintenance of solar and wind power plants.Overall, India’s decision to halt the construction of new coal-fired power plants is a significant step towards achieving its goal of a more sustainable and cleaner energy future. While the transition to renewable energy will likely pose some challenges, it has the potential to create new economic opportunities and improve the health and well-being of millions of people across the country.
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India amends power policy draft to halt new coal-fired capacity: Reports
By tirupatinews
