India's Clean Energy Expansion Faces Resistance from Banks and State Power Firms

India plans to nearly double its clean energy installed capacity to 500 gigawatts by 2030. According to Jin10, this ambitious initiative is encountering opposition from banks and state-owned power companies. The resistance stems from concerns over financial viability and infrastructure challenges, which could hinder the country's transition to renewable energy sources. Despite these obstacles, India remains committed to its goal of enhancing its clean energy footprint, aiming to reduce reliance on fossil fuels and promote sustainable development.