India Could Save $170 Billion by Closing Coal Power Plants Early
India could save about $170 billion (14.1 lakh crore rupees) by retiring its coal-fired power plants earlier than scheduled, according to a new study, which adds that cutting emissions can also improve public health and economic efficiency within India’s current energy system.
Bhutan’s Rising Debt Crisis Tied to India-Funded Hydropower Projects
At the 70th birth anniversary of Bhutan’s Fourth King Jigme Singye Wangchuck, Indian Prime Minister Narendra Modi announced a Ngultrum 40-billion (roughly $450 million) line of credit for infrastructure and energy development. While the move signalled strong bilateral ties, an uncomfortable truth lies behind the public warmth. Bhutan’s dependence on Indian-funded hydropower has locked it into an escalating debt trap.