0 likes | 1 Views
Indiau2019s energy story is changing u2013 and fast. What used to be a power sector run mostly on coal is now shifting gears. The move to clean power, or whatu2019s now called the energy transition, isnu2019t just a theory anymore. Itu2019s real, itu2019s happening on the ground, and itu2019s turning into one of the biggest economic shifts the countryu2019s seen in decades. And right at the heart of it? Green energy in India. With massive solar parks, huge wind projects, and a rising number of green energy companies pushing the change, Indiau2019s energy future looks a whole lot cleaner.
E N D
Green Energy in India: How the Energy Transition Is Reshaping the Power Sector
India’s energy story is changing – and fast. What used to be a power sector run mostly on coal is now shifting gears. The move to clean power, or what’s now called the energy transition, isn’t just a theory anymore. It’s real, it’s happening on the ground, and it’s turning into one of the biggest economic shifts the country’s seen in decades. And right at the heart of it? Green energy in India. With massive solar parks, huge wind projects, and a rising number of green energy companies pushing the change, India’s energy future looks a whole lot cleaner. INTRODUCTION
India’s Power Sector: • The Need for a Shift • For years, India’s power needs were met mostly by coal. Cheap, accessible, and reliable – coal helped fuel economic growth and keep the lights on across cities and villages. But it came with a cost. Air pollution, rising carbon emissions, and growing international pressure made it clear – something had to give. • So now, India’s doing what a lot of countries are trying to do – switching to cleaner energy sources. The energy transition is no longer a nice-to-have – it’s a must. And with India targeting net-zero emissions by 2070 and aiming to hit 500 GW of non-fossil fuel capacity by 2030, things are moving fast.
1. Climate Goals • India’s climate promises under the Paris Agreement mean serious action is needed. Moving away from coal and switching to renewables like solar and wind is key to hitting those goals. • 2. Costs Are Falling • Renewable energy, especially solar, has become cheaper than coal in many cases. So naturally, everyone from the government to private players is taking it more seriously. • 3. Tech Is Getting Better • We’ve got smarter grids, better battery storage, AI for demand prediction – all of its making clean power more efficient, round-the-clock and reliable. • 4. Private Sector Is All In • A wave of green energy companies is stepping up, investing big money into solar parks, wind farms, green hydrogen and more. It’s no longer just a government-driven push – business is leading too. • What’s Actually Driving This • Energy Transition?
Key Green Energy Companies: • Adani Green Energy • Leading the Shift • Tata Power Renewable • Renew Power • JSW Energy • Essar • And then there’s Essar, which is turning heads with its low-carbon focus. They’ve set up the Essar Energy Transition (EET) platform and are investing in green & low-carbon hydrogen, clean fuels, renewables and even green mobility through LNG & EV trucks. It’s all part of their strategy to shift from fossil-heavy operations to cleaner energy sources.
The Role of Green Hydrogen • If solar and wind are the backbone of green energy in India, then green hydrogen is the shiny new opportunity everyone’s watching. • Made by using renewable electricity to split water, green hydrogen has huge potential in sectors like steel, shipping and heavy industry – areas where regular electricity won’t cut it. • Reliance, Adani, NTPC, and yes, even Essar – they’re all setting up green hydrogen projects. The government wants India to be a global hub, and if things go well, we might even be exporting it in the next few years. In fact, Essar comes with global experience, working closely with the UK Government to develop a key low-carbon hydrogen hub at Essar’s Stanlow facility.
Final Thoughts • The energy transition in India isn’t just about switching fuels – it’s about reimagining the entire power system. From how we generate electricity to how we store and use it, the shift is happening at every level. • And it’s not being driven just by policy. It’s being powered by people – entrepreneurs, engineers, start-ups, and some of the biggest green energy companies around. It’s being backed by investment, innovation, and a growing awareness that climate change can’t be ignored anymore.
THANK YOU • www.essar.com