How Thermal Generating Companies Can Stay in Power

India, which is the second-largest coal producer and both the third-largest producer and consumer of electricity in the world, has committed to an RE-dominant future with an ambitious target of 450 GW of RE capacity by 2030. With the global push for clean energy and falling RE costs, there is no backing away from this goal now. Given this, what is the contribution that state generating companies (GENCOs), mainly operating thermal capacity, can make for this transition to be successful?