New Delhi [India], September 25 (ANI): India will require a threefold increase in its primary energy supply to nearly 35,000 TWh by 2047 in order to achieve its vision of becoming a developed economy, according to a new report by the Confederation of Indian Industry (CII) and EY.
The report highlights the urgent need for a massive forty-fold scale-up of non-fossil energy sources, which would be crucial to meeting two-thirds of the projected energy demand sustainably.
The report, Eigenvectors of Net Zero Energy Transition: Pathways to Viksit Bharat 2047, frames India’s net-zero ambitions as a multidimensional challenge balancing energy security, affordability, competitiveness, and sustainability.
With a projected USD 30 trillion GDP and 1.5 billion population by 2047, the analysis unders