Page 53 - Policy Economic Report - October 2025

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

instruments will create a robust ecosystem for flexible, demand-driven renewable growth. Such
mechanisms are in the process of being strategically incorporated under the Electricity (Amendment) Bill
or through CERC market regulations, with enabling policy support from MNRE and MoP, to align
corporate procurement, grid flexibility, and national decarbonisation targets.

Looking Ahead

The next phase of growth is already taking shape:

? Large hybrid and RTC projects are moving into execution across Rajasthan, Gujarat, and
Karnataka.

? Offshore wind and pumped hydro storage are gaining momentum.

? Distributed solar and agrovoltaic initiatives under PM Suryaghar and PM KUSUM are deepening
rural participation.

? The National Green Hydrogen Mission is linking renewables with industrial decarbonisation.

? RE integration through strengthening of Green Energy Corridor Phase III

These are the levers that will propel India toward its 2030 targets — not by sheer speed, but by strategic
endurance.

Viksit Bharat: A Renewable Energy Transition Growing Up

India’s clean energy transition is not defined by quarterly numbers but by institutional durability and
stickability. After a decade of sprinting, the sector is learning to move forward by synchronising capacity
with grid strength, local manufacturing, and financial stability. India’s RE journey is, in a phase of
consolidation — one that ensures that when the next acceleration comes, it will be both faster and far
more sustainable. India’s renewable story has not lost momentum. It has gained maturity.

Historic Launch of First Commercial Coal Mine in Arunachal Pradesh at Namchik-Namphuk

Arunachal Pradesh is set to witness a historic day on 06 October 2025 with the launch of its first
commercial coal mine at the Namchik-Namphuk coal block, marking a new chapter of growth, energy
security, and local prosperity. Union Minister Shri G. Kishan Reddy will first perform the Bhoomi Poojan,
followed by the handing over of the mining lease. He will then flag off the tools and machineries of CPPL
to the Namchik -Namphuk central coal block, and finally participate in a tree plantation drive as part of
the 100-tree plantation initiative.

The Namchik Namphuk coal block, with reserves of 1.5 crore tonnes, was first allocated in 2003 but
faced long delays and stoppages due to various challenges. It was revived through a transparent auction
process in 2022, opening the doors for private sector entry and marking the end of years of delays. This
initiative carries forward Prime Minister Shri Narendra Modi’s vision of EAST – Empower, Act,
Strengthen, Transform – a guiding philosophy for every initiative in the Northeast. With this

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