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Coal to remain crucial, green capacity to grow in India: Moody's

By Economic Times - 19 hours ago
India anticipates a 5-6% annual power demand surge, necessitating 40-50 GW of new coal-based capacity over the next five to six years. Coal will remain a primary electricity source for 8-10 years, despite a growing renewable energy share. This aligns with the Asia Pacific trend, where thermal generation continues to meet rising power demands.

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