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India’s energy sector reforms and future outlook

By July 5, 2024 2:07 pm IST

India’s energy sector reforms and future outlook

“ The Government’s efforts under Narendra Modi’s leadership reforming India’s power sector are commendable. We look forward to working closely with the Government to enable a just energy transition for India by strengthening the renewable energy and transmission segments and exploring low-carbon areas such as smart metering, green hydrogen, and battery storage.”

Rajiv Ranjan Mishra, Managing Director, Apraava Energy

As India concludes the world’s largest democratic exercise, all eyes are now on the new government that will give further impetus to the current growth momentum focusing on self-reliance and resilience in global value chains can accelerate its growth trajectory towards being a Global Hub for Manufacturing and Innovation. we look forward to initiatives that will bolster the new energy landscape including green hydrogen, solar technologies, microgrids, and electric vehicles. – 

Deepak Sharma, MD, CEO & Zone President, Greater India, Schneider Electric

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“The government’s policy should encourage innovation in renewable technologies and provide support that attracts investments in solar power and other renewable sources. We anticipate a regulatory landscape that simplifies the integration of renewables into the national grid, ensuring energy security and stability. the right policies and collaborative efforts, we can collectively work towards a greener, more resilient energy system that not only meets the current demands but also secures a sustainable future for generations to come.”

Amit Jain, CEO and Country Manager Engie, India

“India’s clean energy transition over the past five years, particularly in championing policy initiatives that promoted round-the-clock green power. I hope this term focuses on achieving a comprehensive turnaround of discoms. the next phase must also concentrate on preparing the country for large-scale RE integration to entail a strong policy push towards strengthening interconnectors with neighbouring nations, deploying extensive energy storage solutions, and exploring upcoming technologies like SMRs for a diversified energy mix. The stage is ripe, and the country awaits the next phase of growth towards a sustainable energy future.” 

Pratik Agarwal, MD Sterlite Power, and Chairman Serentica Renewables

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