The electricity sector in India is undergoing transition due to consistent efforts towards achieving country’s Nationally Determined Contribution (NDC) targets, increasing consumer expectation coupled with changing consumer behavior, various supply-side technology innovations and price discoveries. India has consistently stepped up its RE capacity targets to 175 GW by the year 2022, and 450 GW by 2030. Enhancing domestic production capabilities matching with the requirement for meeting the target of 450GW RE by 2030 assumes critical importance. Achieving cost effectiveness and assuring quality of supply will be important goals to guide India’s low carbon development.
The 26th UN Climate Change Conference of the Parties (COP26), to be held from 1–12 November 2021 in Glasgow will aim to mobilize the action on mitigation, adaptation, and resilience, and strengthen the narrative for better alignment with sustainable development goals. TERI is preparing a COP26 Charter of Actions which will assimilate questions and challenges posed by keys sectors in India. The Charter will also propose probable and sector specific options which can advance climate action and ambition in the country.
With the above background, a stakeholder roundtable will be organized with the following objectives.
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