analysisUpdated: May 08, 2020 14:26 ISTAs we stare down the Covid-19 pandemic, the crisis has put the trend towards an energy transition at risk. India moved to the forefront of the global energy transition with a target of 175-gigawatt (GW) renewable energy (RE) capacity by 2022. Will the pandemic-induced economic contraction topple India’s energy transition priorities? Domestic public capital, constrained by lock-ins to non-performing energy assets, have limited capability to finance energy transition. Second, in planning the post-Covid-19 recovery, energy transition could be a catalytic force for rebooting the economy while redirecting energy in the direction of more resilience.

Source: Hindustan Times May 08, 2020 08:56 UTC