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India Must Spend Big to Hit Net-Zero
Mint Mumbai
|June 05, 2025
India will need to invest about 2% of its real gross domestic product (GDP) annually in the power sector over the next decade to meet its 2070 net-zero pledge, Moody's Ratings said Wednesday.
The renewable energy sector is expected to add 450 gigawatts (GW) of clean energy capacity during this period, while coal-based power generation is also projected to rise by 32-35%, or 70-75GW, to meet growing electricity demand.
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