{"id":75918,"date":"2023-02-07T02:00:12","date_gmt":"2023-02-07T02:00:12","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/02\/07\/indias-green-energy-transition-will-cost-usd-10-tn\/"},"modified":"2023-02-07T02:00:12","modified_gmt":"2023-02-07T02:00:12","slug":"indias-green-energy-transition-will-cost-usd-10-tn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/02\/07\/indias-green-energy-transition-will-cost-usd-10-tn\/","title":{"rendered":"India\u2019s green energy transition will cost USD 10 tn"},"content":{"rendered":"

<\/a> India\u2019s net-zero pledge for 2070 will require a USD 10 tn investmen<\/strong>t, the country\u2019s secretary of power told Reuters<\/a>, without disclosing the plans to mobilize the capital. The country is allocating USD 4.25 bn<\/a> in 2023\u2019s budget bolster the transition to renewables and low-carbon energy sources, meanwhile India\u2019s top oil and gas producer Indian Oil Corporation (IOC) plans to invest over USD 25 bn to reach net-zero by 2046, as we noted in August<\/a>. IOC is looking at using renewables to power its planned refining capacity expansion and is also setting up green hydrogen plants at some of its refineries.<\/p>\n","protected":false},"excerpt":{"rendered":"

India\u2019s net-zero pledge for 2070 will require a USD 10 tn investment, the country\u2019s secretary of power told Reuters, without disclosing the plans to mobilize the capital. The country is allocating USD 4.25 bn in 2023\u2019s budget bolster the transition to renewables and low-carbon energy sources, meanwhile India\u2019s top oil and gas producer Indian Oil […]<\/p>\n","protected":false},"author":1,"featured_media":75919,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[71],"tags":[70,214,155,11,260,203,88],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-75918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-around-the-world","tag-around-the-world","tag-carbon","tag-emissions","tag-enterpriseclimate","tag-india","tag-net-zero","tag-renewables","wpautop","entry"],"acf":{"mongo_id":"04492f4a-b415-4506-860b-9cd486cc8762","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/2\/672.png","photo_position":"above","related_issue":[75904],"teaser":"","voice_url":""},"yoast_head":"\nIndia\u2019s green energy transition will cost USD 10 tn - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2023\/02\/07\/indias-green-energy-transition-will-cost-usd-10-tn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India\u2019s green energy transition will cost USD 10 tn\" \/>\n<meta property=\"og:description\" content=\"India\u2019s net-zero pledge for 2070 will require a USD 10 tn investment, the country\u2019s secretary of power told Reuters, without disclosing the plans to mobilize the capital. 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