India's Energy Giants: Transitioning from Fossil Fuels to Clean Energy

India's public sector energy companies allocated only 10% of their investments to clean energy in fiscal year 2025, while the majority went towards fossil fuels, a recent analysis reveals.

The nine state-owned firms invested a total of Rs 2.6 trillion, with Rs 2.3 trillion directed towards conventional fuel sources. The report, 'Mapping India's Energy Transition', conducted by the Indian Institute of Sustainable Development, highlights the potential benefits of redirecting these investments towards clean energy to reduce greenhouse gas emissions and enhance energy security.

The analysis emphasizes the dual role these enterprises play in shaping both current emissions and the future of clean energy, underlining their crucial part in India's transition from fossil fuels to renewable energy sources.

(With inputs from agencies.)