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That’s one way to look at it. Unfortunately, Indian banks have been granting billions of dollars of loans to the coal sector[1] and if solar power cost drops an
by vmurthy 7y ago
That’s one way to look at it. Unfortunately, Indian banks have been granting billions of dollars of loans to the coal sector[1] and if solar power cost drops and we can’t export excess power, we’re in for trouble . Talk of second order effects ..
[1] https://mercomindia.com/public-sector-banks-loans-coal/ https://mercomindia.com/public-sector-banks-loans-coal/