India's Clean Energy Transition Requires USD 2.5 Trillion Investment By 2030: ASSOCHAM
New Delhi, Oct. 31 -- India must strengthen its electricity grid infrastructure, expand battery storage capacity and ensure the commercial viability of clean power to achieve its climate goals, industry body ASSOCHAM said on Friday, ahead of the COP31 climate summit scheduled for November 9-20 in Turkiye.
In a press statement, ASSOCHAM said that while India has made significant progress in expanding non-fossil fuel-based power capacity, greater investment in supporting infrastructure will be necessary to ensure reliable electricity supply.
"Clean energy capacity must be connected to the grid, supported by storage and made commercially viable, not just installed. Industry and government must work together to turn climate commitments into...
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