The power sector is in the throes of a transition.
With the escalating integration of intermittent renewables to the grid along with the net-zero 2070 target, nuclear energy must play a complementary role.
In the Union Budget 2023-24, INR 35,000 crore has been allocated to the Ministry of Petroleum and Natural Gas for achieving energy transition.
By 2030, India aims to source 50% of electric power from non-fossil fuels and reduce carbon emissions by 45% from 2005 levels.
By February 2024, India's biomass power capacity had surged to 10,845 MW as per the Ministry of New and Renewable Energy (MNRE).
Small industries or micro, small, and medium enterprises (MSMEs) are a crucial sector in India’s development.
