Tag: Fitch Group

NEW DELHI: India's power demand is expected to grow by more than 70 per cent over the next decade with a strong focus on non-hydropower renewable sources, a report said on Tuesday.The coal-powered generation will still account for a majority of production by 2032, illustrating the country's heavy reliance on the coal sector, BMI, a division of Fitch Group, said in a report."We forecast India's electricity generation to grow by over 70 per cent over the next decade, marking the largest increase among the world's largest electricity producers....