The International Energy Agency in partnership with NITI Aayog released its first comprehensive report on India’s energy policies on Friday, January 10.
The report offers an in-depth review of India’s energy policies and examines India’s achievements as well as challenges the country faces in achieving a sustainable energy future.
"The energy choices that India makes will be critical for Indian citizens as well as the future of the planet,” said Dr Fatih Birol, executive director of the IEA.
"The IEA has the privilege of enjoying a close relationship with India. This first in-depth review of the country’s energy policies illustrates the value of our growing collaboration," Dr Birol added.
The report was released in New Delhi, where Dr Birol presented key findings of the report in the presence of R K Singh, Minister of Power and Renewable Energy, Pralhad Joshi, Minister of Coal, Dharmendra Pradhan, Minister of Petroleum and Natural Gas and Minister of Steel, Amitabh Kant, CEO of NITI Aayog, Dr Rajiv Kumar, vice chairman NITI Aayog and other important energy ambassadors and bureaucrats.
The report analyses the full range of India’s energy sector and examines India’s rise in the global energy market. It offers recommendations for consolidating energy policies in various areas, notes the challenges therein and suggests energy market reforms, especially in power and gas markets; incorporating higher share of variable renewables; addressing the air and water quality; and controlling the impacts of climate change.
NITI Aayog CEO Amitabh Kant was first to pitch the idea of IEA India review. The IEA regularly conducts in-depth review of energy policies for its member and association countries but hadn’t conducted one for India, until this report was launched. India has been an IEA association country since March 2017.
To read the executive summary of the report, visit https://www.iea.org/reports/india-2020.