India slips to 71st place on Energy Transition Index

India's rank has fallen from 63rd last year, the WEF said India and China experienced the greatest overall improvement among large economies, especially in increasing access to energy and strengthening transition readiness

- PRESS TRUST OF INDIA

Helped by significant improvement in energy efficiency and investment capacity, India has been ranked 71st on a global Energy Transition Index released Wednesday by the World Economic Forum.

Sweden topped the list of 118 countries, followed by Finland, Denmark, Norway and Switzerland in the top five. China was ranked 12th, the US was 17th and Pakistan at 101st place. Congo was ranked lowest.

While India's rank has fallen from 63rd last year, the WEF said India and China experienced the greatest overall improvement among large economies, especially in increasing access to energy and strengthening transition readiness.

The WEF said the top five largest economies — China, US, EU, Japan and India — will ultimately determine the pace and direction of the global energy transition due to their sheer size.