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One bankrupt industry leaves $80 bln hole in India's climate pledge

Without reforming discoms, India will struggle to meet its bold target of raising non-fossil-fuel generation capacity.

power, grid, discoms, electricity
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Accumulated financial liabilities at India’s electricity distribution companies, or discoms, stand at Rs 6 trillion ($8 billion).

Andy Mukherjee | Bloomberg
When it comes to saving the planet, the ambition of India’s reach is praiseworthy. The challenge lies in the weakness of its grasp.

After emphasizing for years that a pathway to going green was more important than a deadline, India surprised delegates at the COP26 climate summit in Glasgow by announcing a net zero goal for emissions by 2070. More onerous than that longer-term commitment is the intention to use non-fossil-fuel sources for half of its energy needs by 2030.

It’s a daunting target. The share of renewables in the country’s current energy mix is only 12%. Besides, the third-largest