Exploring the Scope of Green Investment in the Coal Sector of India and Its Efficacy on Indian Economy

Abstract

Abstract A significant change in the operation of the Indian coal sector is necessary and important for the fulfillment of the future power demands of the country. A review of research studies, articles and literature suggests a varied scope of green investment in the Indian coal sector is required to achieve opportunities for investors to the coal sector and overall efficacy of these investments on the Indian economy. A systematic review is performed considering the PRISMA tool for preferred reporting items for systematic reviews and meta-analysis of the e-database from science direct and google scholar. The studies taken into review include (n = 43) studies from science direct and (n = 19) studies from google scholar. The result from the review suggests three technological alternatives for the green investment and the efficacy of these investments on Indian economy is positive.