LIST OF FIGURES & TABLES  i

LIST OF ABBREVIATIONS  ii

EXECUTIVE SUMMARY  1

1. INTRODUCTION  3

1.1. HOW CCTS CAN GENERATE REVENUE  3

1.2. NEEDS AND CHALLENGES IN ACHIEVING JUST ENERGY TRANSITION IN INDIA  6

1.3. METHODOLOGY FOR THE DEVELOPMENT OF CCTS ENERGY TRANSITION FINANCE MECHANISM  14

2. FUNDS TO BE INCLUDED WITHIN THE CCTS ENERGY TRANSITION FINANCE MECHANISM  17

2.1. POWER AND INDUSTRIAL DECARBONIZATION FUND  17

2.2. STATE SOCIAL AND ECONOMIC TRANSITION FUND  23

2.3. MANAGING FINANCIAL STABILITY  32

3. LEGAL, INSTITUTIONAL AND OPERATIONAL FRAMEWORK  33

3.1. LEGAL AND INSTITUTIONAL FRAMEWORK  33

3.2. OPERATIONAL STRUCTURE  36

3.3. MONITORING AND EVALUATION FRAMEWORK  40

4. ACTION PLAN AND ROADMAP FOR MOBILIZING FINANCE THROUGH INDIA'S CCTS  43

4.1. ACTION PLAN  43

4.2. ROADMAP  46

ANNEX 1  49

INTERNATIONAL EXAMPLES OF FUND MANAGEMENT FOR INDUSTRIAL DECARBONIZATION AND ENERGY TRANSITION  49