India's Big Energy Gambit

For a country driving the global energy consumption, and set to surpass China in that process, India has made significant progress in rewriting its power playbook and sustainability endeavours. To start with, an ambitious target to generate 160 GW of wind and solar energy by 2022 was set up in 2014. It was more than a fourfold increase from previous goals. Additionally, the country's hydropower capacity is being beefed up to 60 GW. And in 2015, India promised to the world that 40 per cent of its power production would be through non fossil fuels by 2030. The country remains on track to not only achieve but also exceed that target.

The aggressive push started to deliver results as India doubled its energy production through renewables over the past four years. Solar power saw the maximum upward swing, and in 2017, its tariff touched a record low of Rs 2.44 per unit for a Rajasthan project, marrying sustainability with affordability. All this has generated huge optimism regarding future energy security. "We have come a long way in terms of renewable energy installations. Today, we are close to 75 GW of capacity in wind and solar energy, and are on