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More fuel for India's tank at this stage

By Economic Times - 3 months ago
India is strategically increasing energy consumption from fossil fuels while emphasizing renewables, aligning with its sustained economic growth. The focus on fossil fuels is driven by low per-capita energy consumption and expectations of growth in manufacturing exports. The country aims to achieve a comprehensive energy transition in the future, acknowledging the current industrialization phase. India's ambitious targets for renewables coexist with the growth in fossil fuel consumption, aligning with historical patterns observed during economic surges.

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