The likes of the Adani and JSW groups, who have been building their green credentials, have renewed their appetite for coal-fired plants as the country is nowhere near retreating from the dirtiest fuel.
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Acquirer JSW Steel and the other parties to the resolution process of the insolvent entity vitiated the sanctity of the bankruptcy code, the apex court found.
The US is racing to be part of an industry that hasn’t yet proved itself to be safe for the environment or good for business. India needs to wait and watch.
New green energy capacity was at an all-time high in FY25, but it masks some serious challenges facing India’s ultimate renewable energy target.