10-15% of incremental capacity for JSW Energy will be in thermal space, because we see a good opportunity: CEO

“India is facing two challenges. One is energy transition, and the second is incremental demand. India is the third largest power market in the world, but it is the fastest growing. Now if you are talking about even 7-8% demand growth, you are talking about 17-18GW. If you want to meet that by fossil fuel or a balance of thermal plus renewables, we are looking at a huge capital investment, which has not happened in this particular sector.”