India's state-owned energy enterprises, 2020-2050 identifying evidence-based diversification strategies
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India has positioned itself as a strong advocate of climate action among emerging economies, aiming to significantly scale up renewable energy by 2030 and to reach net-zero emissions by 2070. The country’s energy state-owned enterprises, known as public sector undertaking (PSUs), will have a key role to play as India gears up to become net-zero by 2070-yet, many of them remain heavily dependent on coal. This study provides an evidence-based approach to identify diversification strategies that will prepare these firms for the future while continuing to bring revenues to the government, creating jobs, and supporting local communities.
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