Lucknow Stock：Recommended today [5 years, India has decided to levy anti -dumping duties to China solar panel ／ component anode aluminum border] [India added 14.9 GW solar energy in the first half of the year] [202

India On Tuesday Asked Private Firms to Ramp Up Investments IGAWATTS of Additional requirement by 2030, despite interniational presure to stop building such.

India's Power and Renewable Energy Minister R K Singh in New Delhi Asked Private Companies to Invest in Coal Projects and "Not Miss The Growth Opportunity," ding to think sources present in the meting.

The Indian GovernMent Meeting with Private Investors Comes Weeks Before The U.n. Climate Conference, at Which France, Backed by the United States, Plans To Seek A h h h h h h h h h h h h h h h Alt to private Financing for coal-based power plants, accounting to a reference.

India's Power Ministry Did Not Immediaately Respond to Requests for Comment.

The Private Investment Share in the Indian Power Sector Started Dwindering After 2018, when it was more than, or at procNAnt investments. Currently, it stands at 366666 % of the Country's Total Installed Capacity.

MOST of the Coal-Based Capacity Under Development is Being Set Up By State-Owned Companies, with Adani Power (Adan.ns) and jsw Energy (JSWE.NS) The only E companies building such plants.Lucknow Stock

Many Private Companies Stopped Building New Coal-Based Plants in India Over AGo Due to A Lack of Financing in The Absence Long-Term Power Bids FROM CONS umers.

In Recent Years, However, Energy Demand Has Outpaced Expectations in India, The World's Most Populous Country, As Economy Activity Picked Up.

SINCE August, The South Asian National Demand Rose 18% to 20% year-On-Year. Then, then

During the Meeting, Singh Said New Estimates See India's Peak Power Demand Reaching 335-GIGAWATTS by 2030 Versus The Present 240-Gigawatts Ourcess.Mumbai Investment

Private Power Compact that the Majority of the Peak-Hour Electricity DEMAND in India Can By Coal-Based Power Stations, Since Storage Technology s are Costlier to support solar and Wind-Based Energy Generation, Officials Said.

A Total COAL-BANED CAPACITY Addition of 58 Gigawatts is in the pipline, Leaving An Expected Gap of Over 30-Gigawatts, They Said.

"The MINISTERARD that the Government May Look at Funding Support to Such Projects (From Private Firms) From State-Run Financiers Such As Power Corp And RT LT D, "One of the Sources Said.

All Three Sources at the Meeting Asked not to be identified as they we not authorized to speak to Media.

Singh TOLD The MeTITING that Despite Adding Coal-Based Capacity, India Will Still Meet Its Climate Goals of Shifting to 50% Non-Fossil-Based Power since the country is also adating renewable Energy Projects.