An Assessment of India’s Energy Choices

The assessment examines the paths to renewable energy penetration in India, finding that wind and solar energy now offer higher returns and lower risk than coal and natural gas. It further indicates that achieving the 175 GW renewable energy target could create between 2 million and 4.5 million jobs in the wind and solar sectors by 2042.

• Indian wind and solar energy are currently more attractive investment opportunities than fossil fuel energy, offering 12% higher annual returns, 20% lower annual volatility, and 61% higher risk-adjusted returns compared to coal and natural gas.
• Renewable energy deployment in India is closely linked to economic growth, with the potential to add between 2 million and 4.5 million jobs in the wind and solar sectors by 2042 under realistic predictions.

APA

Climate Policy Initiative (n.d.). An Assessment of India’s Energy Choices. https://www.climatepolicyinitiative.org/wp-content/uploads/2018/05/Foreword.pdf

Chicago

Climate Policy Initiative. An Assessment of India’s Energy Choices. n.d. https://www.climatepolicyinitiative.org/wp-content/uploads/2018/05/Foreword.pdf.

Wikipedia

{{cite report |author=Climate Policy Initiative |title=An Assessment of India’s Energy Choices |url=https://www.climatepolicyinitiative.org/wp-content/uploads/2018/05/Foreword.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatepolicyinitiativendassessment, author = {{Climate Policy Initiative}}, title = {{An Assessment of India’s Energy Choices}}, institution = {Climate Policy Initiative}, url = {https://www.climatepolicyinitiative.org/wp-content/uploads/2018/05/Foreword.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }