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India 2017 Coal vs Renewable Report


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A new analysis of energy project lending shows that majority of government-owned banks and financial institutions continued to fund coal projects in 2017. The same analysis also reveals private financial companies are comparatively investing more in renewable energy (RE) projects compared to coal. The report finds that coal received ₹60,767 crores (US$9.35 billion) in lending whereas RE received ₹22,913 crores (US$3.50 billion).

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Published in: Economy & Finance
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