In a recent interview with the Economic Times, Folger stated the following:Now for Folger's observation to be accurate, we need to know what is the current power mix of India's electric grid. Here's the most recent graph I could find. Admittedly all the black looks pretty bad. Nationally, 58% of the power fed into India's national grid comes from burning coal. Relative to the USA, where it's down to 31%, it's not that good.