Business Standard

Slippery road: India's clean energy drive faces a tricky patch of taxation

The elephant in the room is Rs 7.5 trillion a year in revenues to the exchequer

Net Zero, Renewable
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S Dinakar Chennai
India’s quest to get to net zero by 2070 faces its share of obstacles in the form of a slowdown in solar installations, a less than satisfactory electric vehicles scale-up, and a compulsion to build new coal generators, but the elephant in the room is a contribution of Rs 7.5 trillion in revenues to the exchequer that the oil and gas business generates on an annual basis.
 
It is true that the path to net zero helps to gradually eliminate emissions and pollutants in a nation that was ranked along with Pakistan, Tajikistan and Burkina Faso as the five countries

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