Praveg's Energy One - April - June 2017

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India has so far been the coal-powered country but now planning a radical shift to green energy production. It plans to add 50% more wind and solar generation capacity than the US. Over 770 million household and street lights have long-lasting LEDs to encourage energy saving and rural electrification. Hybrid car is the next big thing the country hopes to jump on. The government has announced to switch to 100 percent electric-powered vehicles by 2030. As per the report published by NITI Aayog, India’s leading think-tank, the initiative would save the country $60 billion in energy by 2030. The change would also decrease carbon emissions by 37% by 2030, a welcome development for a country with a serious problem of urban pollution.

In the present issue, the PEO Team examines the inspiring initiative of putting electric vehicles in the market. There are many critical issues that need to be addressed therein - government incentives, infrastructure for instance. The potential growth of electric vehicles in the country and how it could be a Game Changer for the sector and the country as a whole, is intertwined in this analytical study.

Read on!