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India Today
|December 11, 2023
India's green energy transition demands a sweeping overhaul of the sector-from infrastructure to financing and from hybrid systems to favourable regulations
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RENEWABLE ENERGY A PARADIGM SHIFT
Green energy will play a pivotal role as India charts a course towards a sustainable future. But this, per Arunabha Ghosh, CEO of the think tank Council on Energy, Environment & Water, and Rajib K. Mishra, CMD of the power trading firm PTC India, will require a fundamental shift in our current energy landscape.
ENERGY BOOST
Mishra: We have 430 GW of installed power capacity and 74 per cent comes from conventional sources. We have to move on to more environment-friendly renewable energy...focus on four pillars: land acquisition, transmission infrastructure or green corridor, availability of financing and enabling regulations to make it more affordable and integrated with the existing system.
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