While it’s true some fossil fuels — including coal — are still being used in India (“India’s green energy dream runs into coal reality”, September 26), the country is transitioning to lower carbon alternatives quickly — contrary to what your Big Read suggests — and it is in fact one of the best global examples of a maturing and successful renewables power market.
As one of the largest international investors in renewable power in India — recently selling a wind and solar business to Shell for $1.6bn — we have excellent insight into the market. India’s renewable energy sector has witnessed huge growth in the last 10 years with installed capacity increasing to 125GW in 2023 from 28GW in 2013 and with around another 50GW under construction. This growth is expected to accelerate with total capacity expected to reach the government’s target of 500GW by 2030, requiring capex of around $275bn. We should be championing the India transition story.
Lucy Heintz
Partner, Head of Energy Infrastructure, Actis, London SE1, UK