Affordability Issues
Sitharaman says expensive tech slowing some countries' shift to green energy
This story was originally published at 21:30 IST on 14 October 2025
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NEW DELHI – The unavailability and affordability issues with technology and resources are slowing down some countries' pace of transition to green energy, Finance Minister Nirmala Sitharaman said Tuesday. While the minister did not directly say if India is also one of these countries, she acknowledged that India also has a resource problem.
Accessing technology which can help transition to green energy is becoming impossible, Sitharaman said at an event at the Indian Institute of Technology, Dharwad. "India has funded its own schemes (to transition to renewable energy). While we fulfil the Paris Agreement and COP21 obligations, we have challenges--we have resource problems," Sitharaman said.
"Even as we want to be focussed on and move towards green, there is a disarray outside. There are countries which are reverting to coal, there are countries which are saying gas is unaffordable for us," Sitharaman said. "At a point in time, a lot of people thought natural gas would be the transitional energy for countries to move from fossil fuel to green, but transitional gas costs are becoming unaffordable for countries."
The minister said that instead of having to procure technology for green transition, resources should be available for the common good. "There is no approach to deal with environment-related matters where public fund is creating public good so that everyone can use it," Sitharaman added. End
Reported by Krity Ambey
Edited by Ashish Shirke
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