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MarketsIndia’s Power Plan Skips Gas to Double Down on Coal
India's draft energy blueprint for the next decade indicates a significant reliance on coal, forecasting a near doubling of its coal-fired power capacity by 2032 while making no provisions for new gas-powered electricity. This strategy, driven by energy security concerns and the high cost of gas imports, underscores a continued commitment to fossil fuels despite global pressures to transition to renewables.
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