What did Prime Minister Narendra Modi announce at COP 26?
PM Modi presented the ‘panchamrita’ - a five-pronged strategy highlighting India’s commitment by 2030 to reduce carbon emissions and adopt cleaner energy pathways, culminating in being a net-zero emitter by 2070.
What challenges face India’s shift from coal-driven energy?
Given India’s dependency on coal, meeting these ambitious targets entails a significant policy and infrastructural overhaul, especially in scaling up non-fossil fuel energies.
Why are India’s commitments vital in the global context?
India is the world’s third-highest carbon emitter. However, on a per-person basis, its emissions are relatively low. With expected economic growth, its future emissions could increase, emphasizing the need for green energy transitions.
What is the status of India’s solar and wind energy growth?
India has approximately 67 GW of solar power and 42.6 GW of wind energy. To meet the 2030 targets, substantial growth in installations is essential, especially in wind energy, which has seen slower growth in recent years.
How is India addressing solar energy supply chain challenges?
To reduce dependency on single-source countries for solar inputs, India has initiated a PLI scheme. Companies like Reliance, Tata Power Solar, and Adani Solar are advancing domestic solar manufacturing.
What other initiatives are essential for the green energy transition?
Land identification for solar plants, boosting transmission infrastructure, and skilling manpower for the renewable sector are critical steps to achieve the targets.
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