22 NOV,2021 | MEDC
At the recently concluded COP26 Summit, the Prime Minister set a target of net zero for India by 2070. But what is interesting is that India plans to achieve half of its total renewable energy potential of 1090 GW by 2030. This is, obviously, a step in the right direction, but it means that India would need to quadruple its existing installed capacity within the next eight years. That is an ambitious – but achievable – target. India will also need to correct regional imbalances in installation so that a handful of states do not corner the lion's share of the potential. In the case of its wind energy potential, India has tapped 12.5%, while the corresponding figure for solar is 4.6%. While achieving this aspirational target matters, equally important is ensuring balanced regional development.
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