- Access to reliable and affordable electricity will be key to achieve India’s $5 trillion economy goal
- Private sector participation in the power transmission sector is another success story that has brought down tariffs by 40 percent and ensured timely completion of projects
- For a robust energy ecosystem, major reforms are required in the distribution sector
India has come of age in the last decade. She found her identity on a global stage. When faced with a vacuum of global leadership towards climate action, she took charge of ambitious targets for renewable energy generation and played a crucial role in the formation of the International Solar Alliance—a group of 121 ‘sunshine’ countries. Most importantly, India announced its ambitious plan to be a $ 5 trillion economy by 2024-25.
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