Mumbai, March 2 -- Energy is the backbone of GDP, but growth depends not just on more supply, it rests on three pillars - efficiency, renewables, and smart fuel switching. For India, the goal is to provide each sector with the right energy, not simply reduce consumption. Today, the key barrier is the disconnect between energy supply and GDP creation, and closing this gap is essential to ensure transition strengthens the economic growth. The source of renewable energy that any sector consumes should be optimal depending on its requirement, economic feasibility, infrastructure available and national priorities.
Published by HT Digital Content Services with permission from Capital Market....