Article

The Indian government is contemplating a national program to financially back geothermal energy projects following the announcement of the National Policy on Geothermal Energy 2025. This policy aims to promote the use of the Earth's internal heat for renewable energy and contribute to the nation's net-zero goal by 2070.

Initial efforts will focus on pilot projects and developing standard guidelines, though the technology's high costs remain a concern. Financial support mechanisms may include concessional loans and viability gap funding, pending assessments of project viability.