Renewable energy sector in India sees major growth potential: SEforALL
POWER & RENEWABLE ENERGY

Renewable energy sector in India sees major growth potential: SEforALL

According to an international sustainable development agency based in Vienna, there is significant growth potential for the renewable energy sector in India due to the country's increasing energy demand and rapid industrialisation, which requires all available energy resources, including solar and wind. Kanika Chawla, Director and Chief of Staff at 'Sustainable Energy For All' (SEforALL), stated that the Indian government has demonstrated a strong and ongoing commitment to renewable energy.

In an interview with PTI during the Singapore International Energy Week held from October 21-25, Chawla noted that more manufacturing of renewable energy solutions is taking place within India, which enhances energy security and reduces dependence on imports.

She explained that India is implementing policies such as performance-linked incentives to boost manufacturing, which she praised as commendable and beneficial for the economic prosperity of the people through energy access. Chawla also recognized that clean energy solutions are highly job-intensive, with each kilowatt-hour of renewable energy generating three times as many jobs compared to thermal energy.

Chawla mentioned that India is exploring geothermal energy options in regions like Himachal Pradesh, Kashmir, and Ladakh, and highlighted that offshore wind energy exploration is currently underway, with significant potential in states like Gujarat and Tamil Nadu.

She pointed out that India is a price-sensitive market, emphasizing the need to reduce the cost of renewable energy units. She noted that solar prices have dropped significantly over the past decade, making solar energy the most affordable renewable energy source globally. Given the country's strong demand for electricity, she underscored the importance of incorporating wind energy into the national energy mix.

According to an international sustainable development agency based in Vienna, there is significant growth potential for the renewable energy sector in India due to the country's increasing energy demand and rapid industrialisation, which requires all available energy resources, including solar and wind. Kanika Chawla, Director and Chief of Staff at 'Sustainable Energy For All' (SEforALL), stated that the Indian government has demonstrated a strong and ongoing commitment to renewable energy. In an interview with PTI during the Singapore International Energy Week held from October 21-25, Chawla noted that more manufacturing of renewable energy solutions is taking place within India, which enhances energy security and reduces dependence on imports. She explained that India is implementing policies such as performance-linked incentives to boost manufacturing, which she praised as commendable and beneficial for the economic prosperity of the people through energy access. Chawla also recognized that clean energy solutions are highly job-intensive, with each kilowatt-hour of renewable energy generating three times as many jobs compared to thermal energy. Chawla mentioned that India is exploring geothermal energy options in regions like Himachal Pradesh, Kashmir, and Ladakh, and highlighted that offshore wind energy exploration is currently underway, with significant potential in states like Gujarat and Tamil Nadu. She pointed out that India is a price-sensitive market, emphasizing the need to reduce the cost of renewable energy units. She noted that solar prices have dropped significantly over the past decade, making solar energy the most affordable renewable energy source globally. Given the country's strong demand for electricity, she underscored the importance of incorporating wind energy into the national energy mix.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code