In the 2023-24 Economic Survey presented by Union finance minister Nirmala Sitharaman in Parliament, India outlined its energy strategy, aiming to ensure energy security through a mix of thermal power and renewables. The survey stressed the significance of thermal power, especially coal-based plants, in providing base load support for the large-scale deployment of renewables. It highlighted the importance of adopting clean coal technologies like Coal Gasification Mission, Coal Bed Methane extraction, and exploring Coal to Hydrogen. The survey also addressed challenges associated with renewables, such as intermittency and storage issues. India's focus includes diversifying energy sources to include renewables, green hydrogen, nuclear energy, and biofuels to achieve a balanced climate action approach. The country underscores the need for financial resources for the green transition and advocates for developed countries to support developing nations in line with global climate agreements. Additionally, it emphasizes the importance of a balanced global climate narrative, urging a focus on improving human welfare alongside long-term climate goals. India's estimated financial requirements for transitioning to a low-carbon development pathway and adaptation measures highlight the need for significant investments in the coming years.