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CASE STUDY: INDIA
India's energy system is heavily reliant on fossil fuels, which provided 75% of its total energy supply in 2017. The state derives significant revenue from this sector—17.8% of general government revenue in 2017—but also provides substantial subsidies. While India has set ambitious renewable energy targets, including 450 GW, coal is projected to remain a mainstay of the energy mix through 2040. The government faces risks from stranded assets, with approximately 40 GW of coal-fired power plant capacity identified as "non-performing" as of 2018.
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Document type: Case study
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