Should aim to become clean energy exporter by 2030: Former NITI CEO Kant

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Should aim to become clean energy exporter by 2030: Former NITI CEO Kant - Business Standard

Quick Summary:

At a roundtable discussion here, Kant said that there is no shortage of global funds for clean energy, but India needs to establish strong financial systems, such as escrow accounts, to attract private investments for renewable projects.

He emphasized that it is "very important that India is able to drive its own agenda" amid multiple global crises, including the Russia-Ukraine war, West Asia conflicts, and trade barriers from countries like the US and Europe, which are affecting free trade and renewable energy prices.

India should aim for 750 gigawatts of renewable energy capacity and become a clean energy exporter by 2030, former NITI Aayog CEO Amitabh Kant said on Monday.