Mounting debt across the Adani Group suggests that the Indian conglomerate’s Carmichael mine proposal for northeast Australia has become an increasingly precarious house of cards, according to new report by the Institute for Energy Economics and Financial Analysis (IEEFA).

In this briefing paper, the Institute for Energy Economics and Financial Analysis (IEEFA) provides an updated review of India’s electricity sector transformation, given the acceleration of momentum that has occurred over 2015.

India’s seven horses of energy’ electricity sector transformation is gathering pace, with far-reaching ramifications for renewable energy development and the structural decline of seaborne thermal coal, according to a new report released by the Institute for Energy Economics and Financial Analysis (IEEFA) and Indian energy analysis firm, Equito