A meeting was held for the launch of the report titled “Synchronizing energy transitions towards possible Net-Zero for India: Affordable and clean energy for All” prepared by IIM-Ahmedabad as part of a study project.

National

A meeting was held for the launch of the report titled “Synchronizing energy transitions towards possible Net-Zero for India: Affordable and clean energy for All” prepared by IIM-Ahmedabad as part of a study project. Report was sanctioned in November 2021 by the Office of the Principal Scientific Adviser to the Government of India with part-funding (one-third) from Nuclear Power Corporation of India Ltd (NPCIL). The launch was held in Committee Room ‘A’, Vigyan Bhawan Annexe, New Delhi on 3rd April, 2024. The report was launched by Prof. Ajay Kumar Sood, Principal Scientific Adviser (PSA) to the Government of India. The report attempts to answer key questions related to India’s energy trajectory such as how much energy does India need to achieve high value of Human Development Index (HDI). Net-zero is not possible without substantial nuclear power and Renewable Energy (RE) generation by 2070. To achieve net-zero energy systems by 2070, the electricity sector will need to decarbonize well before that.


      India’s emissions would range between 0.56 btCO2 and 1.0 btCO2 in 2070.

      Financial requirements during 2020-2070 would be to the tune of Rs 150-200 lakh Crore (about US$ 2-2.5 trillion, or US$ 40-50 billion/year).

     

 

     


          ____________________________