His stand is influenced by state-owned Coal India and major polluters. Last year the private Tata Power company got $4 billion from World Bank, Asia Development Bank and other sources for a single mega-plant; India plans to build more than 200 coal-burning plants (some pictures).
This is just the tip of the iceberg. The "denial industry" is a well-funded worldwide campaign by business-as-usual lobbies. For the full story see the new book by James Hoggan & Richard Littlemore, Climate Cover-Up: The Crusade to Deny Global Warming (2009).
350.org climate protest in Vilandai, India
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