Iea India Energy Outlook

"Solar power is set for explosive growth in India, matching coal's share in the Indian power generation mix within two decades," the IEA said in its India Energy Outlook 2021 released on Tuesday.

India needs more than Rs 9 lakh crore ($140 billion) in energy investment per year by 2040 as it is set to contribute more than any other country to the rise in global energy demand, International Energy Agency (IEA) said on Friday.

The disconnect is huge: Even as countries of the world pledge to cut their greenhouse gas emissions going into the Paris climate talks, recent analyses suggest that overall emissions will still rise through the year 2030, and current national pledges will merely blunt the force of that trend.

"Solar power is set for explosive growth in India, matching coal's share in the Indian power generation mix within two decades," the IEA said in its India Energy Outlook 2021 released on Tuesday.

India needs more than Rs 9 lakh crore ($140 billion) in energy investment per year by 2040 as it is set to contribute more than any other country to the rise in global energy demand, International Energy Agency (IEA) said on Friday.

The disconnect is huge: Even as countries of the world pledge to cut their greenhouse gas emissions going into the Paris climate talks, recent analyses suggest that overall emissions will still rise through the year 2030, and current national pledges will merely blunt the force of that trend.