Volume 18, No. 6, 2021
Renewable Energy For Sustainable Development In India: Current Status, Future Prospects, Challenges, Employment, And Investment Opportunities
Nishtha Sadana
Abstract
The adoption of renewable energy in India is being done with the primary objectives of achieving energy security and access, economic development, and climate change mitigation. To accomplish sustainable development, it is necessary to make widespread use of renewable sources of energy and to provide people with access to modern forms of energy that are affordable, reliable, and environmentally friendly. As a result of robust support from the government as well as an increasingly favourable economic environment, India has emerged as one of the most attractive markets for renewable energy in the world. The country's renewable energy industry is expanding at a quick rate as a direct consequence of the policies, actions, and an overall environment that is permissive taken by the government. In the next years, it is anticipated that the use of renewable energy sources would result in a large number of new home job opportunities. The availability of renewable resources in India is extensive, and the country also runs one of the most extensive programmes in the world for the deployment of renewable energy goods and systems. India is the only country in the world to have a ministry that is dedicated solely to the development of renewable energy sources. This ministry, known as the Ministry of New and Renewable Energy (MNRE), is responsible for launching one of the most extensive and comprehensive renewable energy programmes in the world.
Pages: 8144-8152
Keywords: Renewable energy, sustainable development, energy products and systems