Coal is the abundant domestic energy resource in India and is projected to remain so in future under a business-as-usual scenario. Using domestic coal mitigates national energy security risks. However coal use exacerbates global climate change. Under a strict climate change regime, coal use is projected to decline in future. However this would increase imports of energy sources like natural gas (NG) and nuclear and consequent energy security risks for India. The paper shows that carbon dioxide (CO2) capture and storage (CCS) can mitigate CO2 emissions from coal-based large point source (LPS) clusters and therefore would play a key role in mitigating both energy security risks for India and global climate change risks. This paper estimates future CO2 emission projections from LPS in India, identifies the potential CO2 storage types at aggregate level and matches the two into the future using Asia-Pacific Integrated Model (AIM/Local model) with a Geographical Information System (GIS) interface. The paper argues that clustering LPS that are close to potential storage sites could provide reasonable economic opportunities for CCS in future if storage sites of different types are further explored and found to have adequate capacity. The paper also indicates possible LPS locations to utilize CCS opportunities economically in future, especially since India is projected to add over 220,000 MW of thermal power generation capacity by 2030. (C) 2009 Elsevier Ltd. All rights reserved.