New Delhi: India Inc has placed financing at the heart of its net-zero transition, with the Confederation of Indian Industry (CII) and EY India unveiling the Energy Transition Investment Monitor (ETIM) — a digital platform to build a public pipeline of renewable and low-carbon projects and connect them with investors.
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The initiative, released on Monday as part of CII’s report “Eigenvectors of Net Zero Energy Transition: Pathways to Viksit Bharat 2047”, is the clearest signal yet that the corporate sector wants institutional mechanisms to mobilise capital rather than ad hoc project financing. The report was released at the 6th CII International Energy Conference and Exhibition.
By enabling developers to register, verify and update projects and investors to track opportunities across the development cycle, ETIM is pitched as a “matchmaking” platform for India’s green projects.
While the government has already set a 100-GW nuclear target for 2047 and announced the Carbon Credit Trading Scheme, the CII report sharpens what India Inc sees as enabling reforms:
Nuclear law changes: Amendments to the Atomic Energy Act and Civil Liability for Nuclear Damage Act to attract private and foreign capital into nuclear energy.
Coal-to-nuclear repurposing: Creating a regulatory pathway for Small Modular Reactors (SMRs) on retiring coal plant sites — echoing government discussions but now backed by industry.
Grid governance overhaul: Making State Load Dispatch Centres autonomous with ring-fenced budgets and performance-linked accountability to better manage a renewable-heavy grid.
Critical minerals market reforms: Establishing a government-backed spot exchange and bonded warehouses under MCX to enable transparent price discovery and hedging.
Carbon credit credibility: Aligning India’s carbon credit methodologies with global benchmarks to ensure transferability across international markets.
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Framed as a roadmap to “Viksit Bharat 2047”, the report makes clear that India Inc is lobbying for legal, regulatory and institutional changes that go well beyond the government’s existing schemes.