India's power sector needs $700 bn investment: Moody's

Moody's says India's power sector, the top carbon emitter (37% of emissions), needs a $700 billion investment over 10 years to meet its 2070 net-zero goal. It added that investments required by the power sector during fiscal 2026-51 will be in the range of 1.5%-2% of GDP (around 2% for the next 10 years), which is manageable for India.