Nuclear energy is a clean energy form but it is not a renewable energy source. In 2021, India’s Energy intensity (EI) was 0.100, about the same as for Brazil, but higher than for the OECD (0.089). Prime Minister Modi's commitment to Atmanirbhar Bharat aims to make India energy independent by 2047. Ernst & Young's (EY) 2021 Renewable Energy Country Attractiveness Index (RECAI) ranked India third behind the USA and China3. Key economic aspects of renewable energy in IndiaAccording to the International Renewable Energy Agency (IRENA), the costs of renewable power generation are increasingly competitive in comparison to fossil fuel-based power sources.
Source: Mint January 04, 2024 13:35 UTC