Financing an equitable energy transition in Jharkhand: Round table summary report
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Key Findings
Jharkhand’s equitable energy transition challenges extend beyond the energy sector, encompassing a myriad of issues related to economic restructuring, financing, livelihoods, institutional readiness, and community resilience.
Access to capital alone may not guarantee investment flows. Investors are increasingly looking for commercially viable, scalable and bankable projects supported by clear policies. Developing investment-ready projects and scalable transition models would help improve investor confidence.
Jharkhand’s transition cannot be viewed solely through an energy or climate lens. There’s also a need to protect livelihoods, particularly in coal-dependent districts, and ensure that communities, workers and other vulnerable groups are active participants in the state’s transition.
Entrepreneurship, skilling systems and youth engagement are important for long-term transition pathways. Vocational training, local innovation and entrepreneurship development can create new livelihood opportunities and support green job creation.
Date: 22 May 2026
Time: 2:30 PM – 5:00 PM IST
Venue: Hibiscus conference hall, Radisson Blu, Ranchi
Organised by: Taskforce on Sustainable Just Transition Jharkhand, Institute for Energy Economics and Financial Analysis (IEEFA), and Centre for Environment and Energy Development (CEED)
Stakeholders from government, financial institutions, industry, academia and civil society organisations convened in Ranchi for a round table on financing an equitable energy transition in Jharkhand and to deliberate on a green budgeting framework to support the state's transition. The round table event, titled ‘Financing an equitable energy transition in Jharkhand: From planning to implementation’, was co-hosted by the Task Force on Sustainable Just Transition (Government of Jharkhand), the Institute for Energy Economics and Financial Analysis (IEEFA) and the Centre for Environment and Energy Development (CEED). Discussions focused on implementation challenges, financing needs, institutional readiness and inclusive transition pathways for the state.
The discussion was attended by Mr Mukesh Kumar, IAS, Secretary, Planning and Development Department, Government of Jharkhand; Mr Ajay Kumar Rastogi, IFS (Retd.), Chairman, Task Force on Sustainable Just Transition; and Mr Ravi Ranjan, IFS, Principal Chief Conservator of Forests (Wildlife) and Chief Wildlife Warden, among others.
The round table highlighted that Jharkhand’s transition challenges extend beyond the energy sector, encompassing complex issues related to economic restructuring, financing, livelihoods, institutional readiness, and community resilience. Participants emphasised the need for transition pathways that balance development priorities, fiscal sustainability and climate objectives while ensuring an inclusive and resilient transition process.
The summary reflects the views shared during the round table discussion and is not a verbatim record.
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