If there’s one success story being written in India, it’s that of renewable energy. By the government’s own reckoning, despite India’s energy needs likely to double over the next seven years (going by the current rate of economic growth), the nation is likely to meet two-fifths of its electricity needs with renewable sources by 2030.
Parties to the historic Paris Accord on climate change signed in 2015 meet in Bonn next week, and their discussions will inevitably veer toward the Donald Trump-led US administration’s decision to exit the Accord.
Despite India’s energy needs likely to double over the next 6-7 years going by the current rate of economic growth, the nation will meet two-fifths of its electricity needs with renewable sources by 2030, power and renewable energy minister R.K. Singh said.
A three-year Action Agenda unveiled by NITI Aayog proposes a shift in the composition of central government expenditures by allocating a larger proportion of the incremental revenues to high-priority sectors over time.