India has reiterated its commitment to the vision “Viksit Bharat @2047”, which envisages India as a developed nation by the centenary of its independence by 2047. While India remains steadfast to its vision, it acknowledges the significant threat posed by climate change to the country’s future development. In this view, it has set an ambitious target of becoming net zero by 2070. Additionally, in its 2030 Nationally Determined Contributions (NDCs) under the United Nations Framework Convention on Climate Change (UNFCCC), India has committed to achieving 50% of electric power capacity from non-fossil sources.
For several years, fossil fuels have dominated India’s energy sector. However, the commitment to derive 50% of electricity from renewable sources by 2030 has brought transformative shift in India’s energy policy. The country is distinctly moving towards clean energy derived from solar, wind, bio-mass, hydro, etc.